Europe Braces For End Of Iran Nuclear Deal

Europe is scrambling to come up with a contingency plan in the face of a U.S. threat to end the nuclear deal with Iran—a move that lends a high level of uncertainty to European megadeals, including French Total SA’s $5-billion oil deal with Tehran. At stake if Trump refuses to certify Tehran’s compliance with the nuclear accord on 15 October and sanctions are re-imposed are deals with European companies worth over $55 billion in total, according to figures from the Financial Times. If Trump refuses certification on 15 October,…

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