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| Trump administration to reinstate all Iran sanctions | |
| (35 minutes later) | |
| The Trump administration is to reinstate all US sanctions on Iran that were removed as part of the 2015 nuclear deal. | The Trump administration is to reinstate all US sanctions on Iran that were removed as part of the 2015 nuclear deal. |
| However, eight unnamed countries will not be penalised by the US for continuing to import Iranian oil. | |
| President Donald Trump withdrew from the deal in May, describing it as "defective at its core". | President Donald Trump withdrew from the deal in May, describing it as "defective at its core". |
| The agreement saw Iran limit its controversial nuclear activities in exchange for sanctions relief. | |
| Barack Obama, the US president at the time, had argued the deal would prevent Iran from developing nuclear arms. | |
| The UK, France, Germany, Russia and China were also parties to the 2015 accord and have stuck to it, saying they will set up a new payment system to maintain business with Iran and bypass US sanctions. | |
| Mr Trump argues that the terms of the deal are unacceptable and it has not stopped Iran developing a ballistic missile programme and intervening in neighbouring countries, including Syria and Yemen. | |
| Iran has accused Mr Trump of waging "psychological warfare". |