Britain, France, and Germany, known as the E3, have launched a 30-day process to reimpose UN sanctions on Iran over its disputed nuclear program. This move is likely to escalate tensions two months after Israel and the United States bombed Iranian nuclear facilities. The E3's decision comes after talks in Geneva failed to yield sufficient commitments from Iran to scale back its nuclear activities.¹
Sanctions Details*: The sanctions would target Iran's financial, banking, hydrocarbons, and defense sectors if reinstated.
Iran's Response*: Tehran has warned of a "harsh response" if sanctions are reimposed and is reviewing its options, including potentially withdrawing from the Nuclear Non-Proliferation Treaty.
- *Diplomatic Efforts*: The E3 has expressed commitment to a diplomatic solution and will utilize the 30-day period to resolve the issue. They hope Iran will engage by the end of September to allay concerns about its nuclear agenda.
- *Global Reactions*: The US has welcomed the E3's move, while Russia and China, strategic allies of Iran, have finalized a draft Security Council resolution
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