European Union 'concerned' by United States govt decision on Iran oil waivers

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THE United States' allies in Europe have criticised its recent decisions to restrict oil trade with Iran and to limit the extension of waivers for nuclear non-proliferation projects.

"We will also no longer permit the storage for Iran of heavy water it has produced in excess of current limits; any such heavy water must no longer be available to Iran in any fashion", US State Department spokesperson Morgan Ortagus said in a statement. The European Union's foreign policy chief and top diplomats from Germany, France and the United Kingdom have expressed concern over the United States' decision not to extend waivers concerning oil trade with Iran.

The European Union and the foreign ministers of Britain, France, and Germany expressed concern about the USA decision not to extend two waivers related to the 2015 nuclear deal with Iran and others regarding Tehran's oil industry.

Iranian parliamentary speaker Ali Larijani on May 4 said Iran will continue to enrich uranium in accordance with the accord regardless of US moves to put a stop to it.

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"Under the (nuclear accord) Iran can produce heavy water, and this is not in violation of the agreement".

"Therefore, we will carry on with enrichment activity". The Fars agency carried a similar report.

The European Union voiced "concern" on Saturday over extra United States sanctions aimed at unpicking an worldwide deal with Iran that has curbed the Islamic republic's nuclear programme.

The waivers will allow modifications that ensure that the Arak reactor produces less plutonium, that the underground Fordow nuclear site can continue to be converted into a research facility, and that Iran can still buy the fuel it needs to run the reactor at Bushehr and produce electricity.

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The Trump administration's efforts to impose political and economic isolation on Tehran began past year when it unilaterally withdrew from the nuclear deal it and other world powers negotiated with Iran in 2015.

"This is countering sanctions which we do not see as just or legitimate", Zamaninia said.

A senior parliamentarian called for talks with Iran's partners in the nuclear deal and the United Nations' International Atomic Energy Agency to ensure Iran could continue to enrich uranium, ISNA reported.

"The sanctions mean Iran will lose its main source of revenue and hence, more pressure on the country's budget". "We have no way but to resist and unite", Rouhani said in a televised speech on Saturday.

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In April, the US announced that it made a decision to end the waivers from sanctions for countries still buying oil from Iran, aiming to bring Iran's oil exports to zero, denying the government its main source of revenue. It also blacklisted Iran's elite Revolutionary Guard Corps.