[Ed. – The outcome will be that the Europeans find they only damage themselves by trying to neutralize U.S. sanctions.]
Iranian officials were filled with bluster on Monday about the strength of their economy in the face of renewed U.S. sanctions, but they simultaneously pleaded with the European Union for rescue.
The Tehran Times on Sunday quoted President Hassan Rouhani’s deputy director for political affairs, Majid Takht Ravanchi, insisting that Europe must take firm action to circumvent the more devastating American sanctions before they go into effect on November 4. He said the E.U. would itself violate the JCPOA by failing to meet Iran’s demands, and insisted his government will not engage in any further negotiations, “not with the Europeans and not with any other side.”
European leaders vowed on Monday to thwart U.S. sanctions and keep the nuclear deal alive. …
The statement gave assurances that the European Union will work toward “the preservation and maintenance of effective financial channels with Iran and the continuation of Iran’s export of oil and gas.”