28 Mar 2024
Sunday 24 March 2019 - 22:59
Story Code : 343198

Five 2020 US Democrats would return to Iran nuclear deal

Oil Price | Tsvetana Paraskova: Five U.S. Democratic presidential hopefuls would re-joinif elected presidentthe Iranian nuclear deal, from which U.S. President Donald Trump withdrew last year imposing sanctions on Irans oil industry, Al-Monitor reports, citing direct communication with spokespersons and aides for the Democrats who have declared they would run to win their partys nomination.

The five Democrats who would work to re-enter the nuclear deal include Senators Bernie Sanders, Elizabeth Warren, and Kamala Harris, a mayor from Florida, Wayne Messam, and spiritual leader Marianne Williamson, Al-Monitors congressional correspondent Bryant Harris writes.

Other Democratic candidates were either more evasive on their stance on Iran and the nuclear deal or didnt return Al-Monitors request for comment. Those who did not respond include Beto ORourke, Amy Klobuchar, Kirsten Gillibrand, and Tulsi Gabbard, all of whom had voted for the deal with Iran in 2015.

According to various advocacy groups who talked to Al-Monitor, re-entering a deal with Iran is generally viewed as an important policy point for any Democratic presidential candidate to challenge President Trump.

President Trump ended in May last year the United States participation in the Joint Comprehensive Plan of Action (JCPOA) as the Iran nuclear deal is officially known, saying that the deal is unacceptable and The Iran Deal was one of the worst and most one-sided transactions the United States has ever entered into.

The withdrawal of the U.S. from the deal meant the U.S. was re-imposing sanctions that had been lifted under the agreement between Iran and the global superpowers.

The U.S. re-imposed sanctions on Irans oil industry in early November and continues to target zero Iranian oil exports. Yet, Washington granted waivers to eight key Iranian oil customers which sent oil prices down because Saudi Arabia and Russia had preemptively boosted production to offset what was expected to be zero Iranian oil supply.

The waivers are set to expire in early May, and the general view of analysts is that the U.S. will extend at least some of the exemptions for some of Irans oil buyers to avoid a spike in oil prices.
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Mohsin Syedain
I thought Iranians had sense..Why would Iran enter into another deal when after 2020 it is no longer fettered by sanctions? It will then have the right to pursue its right to nuclear enrichment as well as make its defences forces stronger.