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Iran, nuclear deal partners to meet as accord under threat

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Iran, nuclear deal partners to meet as accord under threat
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Vienna:  Senior officials from Iran and the remaining signatories to its 2015 nuclear deal with world powers are gathering in Vienna Friday as tensions in the Persian Gulf simmer and Tehran is poised to surpass a uranium stockpile threshold, posing a threat to the accord.

The regular quarterly meeting of the accord's so-called joint commission, which brings together senior officials from Iran, France, Germany, Britain, Russia, China and the European Union, is meant to discuss implementation of the deal.

Iran is insisting that it wants to save the agreement and has urged Europeans to start buying Iranian oil or give Iran a credit line.

The 2015 agreement aimed at curbing Iran's nuclear ambitions in exchange for relief from economic sanctions.

The United States withdrew from the accord last year and has imposed new sanctions on Iran to cripple its economy. Iran recently quadrupled its production of low-enriched uranium.

It previously said it would surpass a 300-kilogram stockpile limit set by the accord by Thursday, but an Iranian official said that it was 2.8 kilograms below that limit Wednesday and there would be no new assessment until "after the weekend." It is currently a holiday weekend in Iran.

European countries are pressing for Iran to comply in full with the accord. But Iranian officials maintain that even if it surpasses the limit, it would not be breaching the deal, and say such a move could be reversed quickly.

The Europeans also face a July 7 deadline set by Tehran to offer long-promised relief from US sanctions, or Iran says it will also begin enriching its uranium closer to weapons-grade levels.

On Thursday, Iranian state television reported that Foreign Minister Mohammad Javad Zarif sent a letter urging European signatories to the accord to implement their commitments, saying Iran's next steps depend on that.

Britain, France and Germany are finalising a complicated barter-type system known as INSTEX to maintain trade with Iran and avoid US sanctions, as part of efforts to keep the nuclear deal afloat.

It would help ensure trade between Iran and Europe by allowing buyers and sellers to exchange money without relying on the usual cross-border financial transactions.

Tensions have been rising in the Middle East.

Citing unspecified Iranian threats, the US has sent an aircraft carrier to the region and deployed additional troops alongside the tens of thousands already there.

The US has been worried about international shipping through the Strait of Hormuz since tankers were damaged in May and June in what Washington has blamed on limpet mines from Iran, although Tehran denies any involvement.

Last week, Iran shot down a US Navy surveillance drone, saying it violated its territory; Washington said it was in international airspace.

On Thursday, US Special Representative for Iran Brian Hook met with top European diplomats in Paris. He told The Associated Press that he wants them to get tougher on Iran, instead of clinging to the nuclear deal.

War with Iran is "not necessary," Hook said.

"We are not looking for any conflict in the region," he said.

But if the US is attacked, "we will respond with military force." The US is trying to drum up support for an international naval force in the Persian Gulf, notably to protect shipping.

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