Europe, China, Iran, Russia to comply with nuclear deal: Lavrov

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Iranian military spending "increased alongside overall government spending - not in a silo on its own", the newspaper goes on to say, adding that "the nuclear accord has contributed to the overall increase in spending - including the increase in military spending - since it lifted sanctions and allowed for a rise in oil production and exports".

Lavrov and his Iranian counterpart Mohammad Javad Zarif are meeting in Moscow, as Zarif seeks "assurances" from the backers of the deal after the USA pulled out.

Speaking on "Fox News Sunday", Secretary of State Mike Pompeo said withdrawing from the 2015 accord wasn't aimed at Europeans, but he didn't rule out the USA imposing sanctions on entities that continue to do business with Iran, even as efforts continue to strike a new deal.

"We reaffirmed together our resolve to continue to implement the nuclear deal in all its parts, in good faith, and in a constructive atmosphere", she said.

Iran's Deputy Foreign Minister for Political Affairs Abbas Araqchi said Germany, France and the United Kingdom had 60 days to provide Iran *with enough guarantees to ensure it could* stay in the deal, according to IRNA.

Despite the USA exit, Britain and Iran expressed their commitment to ensuring that the accord is upheld, according to a statement released by British Prime Minister Theresa May's office.

French Foreign Minister Jean-Yves Le Drian, speaking in Dublin, declared: "We are stakeholders" and will remain so. "The Foreign Ministry believes the U.S. will not change its mind".

European Union foreign policy chief Federica Mogherini insisted that it's not up to the determine the deal's future anyway.

He added: "It's possible, it depends on the conduct of other governments".

But Secretary of State Mike Pompeo said Washington was keen to thrash out a more wide-ranging deal with its European partners.

Russian President Vladimir Putin has already spoken with Germany's Angela Merkel and Turkey's Recep Tayyip Erdoğan about the efforts, after voicing his "deep concern" over Trump's decision.

Several Iranian officials told Reuters that as long as Iran could sell its oil and get its money, the deal remained alive.

President Mr Donald Trump's decision to exit the Iran nuclear deal has already pushed Brent prices above Dollars 77 per barrel.

Zarif said American foreign policy had "dragged the Middle East into chaos". In late April 2018, daily spot prices for Brent crude oil reached 76 dollars per barrel, the highest level in almost four years.

When asked if this would mean sanctions against firms, the adviser didn't deny the possibility. Shortly after Trump's announcement, missiles suspected to be Israeli struck multiple targets in Syria related to Iran's military presence in that country. On Saturday, French President Emmanuel Macron told Trump in a telephone call that he was anxious about stability in the Middle East, according to Macron's office.

The United States announced on Tuesday that it would withdraw from the Joint Comprehensive Plan of Action with Iran. Bolton said on ABC's "This Week". These inspections are important not just for monitoring Iran's activity, but for undercutting the ability of hawks in the USA to concoct stories about Iran's nuclear program in an effort to foment conflict.

Despite complaints in European capitals, Mr. Bolton suggested that European allies might agree to new US approach once they digest Mr. Trump's decision and face the threat of sanctions. On Wednesday, a separate OPEC source had said Saudi Arabia was monitoring the impact of the U.S. move on oil supplies and was ready to offset any shortage but would not act alone. "I think that will sink in, and we'll see what happens then".