Iran suspends nuclear deal curbs

Iran said on Wednesday it had stopped respecting limits on its nuclear activities agreed under a 2015 deal with major powers until they find a way to bypass renewed US sanctions.

The well trailed announcement came as Washington stepped up its rhetoric against Tehran, accusing it of planning "imminent" attacks and deploying an aircraft carrier strike group with several nuclear-capable B-52 bombers to the region.

Iran said it was responding to the sweeping unilateral sanctions that Washington has reimposed since it quit the agreement one year ago, which have dealt a severe blow to the Iranian economy.

It said it would stop implementing some of the restrictions it had agreed with immediate effect. Tehran said it would abandon more if the remaining parties to the agreement -- Britain, China, France, Germany and Russia -- failed to start delivering on their commitments to sanctions relief within 60 days.

President Hassan Rouhani underlined that the ultimatum was intended to rescue the nuclear deal from his US counterpart Donald Trump who has repeatedly called for it to be scrapped since he pulled out on May 8, 2018.

"We felt the (deal) needed surgery and that the year-long sedatives have not delivered any result. This surgery is meant to save the (deal) not destroy it," Rouhani said at a cabinet meeting broadcast live on state television.

Robert Kelley, a former UN nuclear inspector now with the Stockholm International Peace Research Institute, said the commitments Iran was dropping had no bearing on its ability to develop an atomic bomb.

He said Iran was simply seeking to "save face" after "striking a deal which was not respected by the other side." Under the landmark deal agreed by Trump’s predecessor Barack Obama, the parties to the agreement were supposed to lift nuclear-related sanctions on Iran in return for it reining in its activities to ease fears it was seeking the capability to produce an atomic bomb.

But the promised sanctions relief has failed to materialise as European and Asian banks and oil companies have moved swiftly to abide by the renewed US sanctions for fear of financial or commercial repercussions.

Rouhani slammed European countries for seeing the US as the world’s "sheriff" and said this keeps them from making "firm decisions for their own national interests."

"You have responsibilities, too ... for keeping your youth away from drugs, the flood of immigrants and other cooperation Iran has had with you so far. If this trend continues, the cooperation will cease."

The three European parties to the deal -- Britain, France and Germany -- tried to save the accord with a trade mechanism meant to bypass reimposed US sanctions, but their attempt was dismissed by Iran’s supreme leader Ayatollah Ali Khamenei as a "bitter joke".

Foreign Minister Mohammed Javad Zarif, who was in Moscow on an official visit, accused European governments of not fulfilling their obligations under the nuclear deal. "Our friends in Russia and China maintained very good relations with us in this year but the rest of the... participants did not meet any of their obligations," Zarif said.

Germany urged Iran to uphold the nuclear deal. "We as Europeans, as Germans, will play our part and we expect full implementation from Iran as well," Chancellor Angela Merkel’s spokesman Steffen Seibert said.

Britain called Iran’s decision an "unwelcome step" and urged it to avoid "further escalatory steps". China underlined that it "resolutely opposes" the unilateral US sanctions on Iran but called on all parties to uphold the nuclear deal.