Iran's Khamenei says Europe cannot save nuclear deal, help economy

Iran ready to ‘GIVE UP HOPE’ on nuclear deal in landmark decision says Supreme Leader

Iran ready to ‘GIVE UP HOPE’ on nuclear deal in landmark decision says Supreme Leader

Iran would never negotiate with "indecent and confrontational" USA officials on a new agreement, Khamenei said.

But Tehran might now also abandon the agreement if guarantees on oil sales and trade are not met, the religious leader said.

"The economic benefits of the 2015 nuclear deal (between Iran and six world powers) were squandered by the supreme leader's adventurism (in the region)". The hardliners in parliament criticized Rouhani's economic policy and rejected his explanation for recent struggles.

US President Donald Trump announced on May 8 that Washington was walking away from the nuclear agreement, officially known as the Joint Comprehensive Plan of Action (JCPOA), which was reached between Iran and the five permanent members of the UN Security Council - the US, Britain, France, Russia and China - plus Germany in 2015.

"We will overcome the troubles".

"We have requests for the American side, we have presented them and a delegation will go to negotiate within that framework", Abadi told a weekly news conference.

Adding to the pressure on Rouhani, reports by Iranian state media Wednesday said the parliament has begun impeachment proceedings against his education minister Mohammad Bathai.

Iran ready to ‘GIVE UP HOPE’ on nuclear deal in landmark decision says Supreme Leader
Iran ready to ‘GIVE UP HOPE’ on nuclear deal in landmark decision says Supreme Leader

United States officials have presented the collapse of the Iranian rial as a function of their sanctions.

The minister of economy and finance was sacked by lawmakers as a result of the poor economic situation.

But his reputation and political influence have taken a sharp hit as his promised economic gains have failed to materialise and U.S. sanctions have begun to bite.

During Tuesday's parliamentary session, lawmakers posed questions on the Rouhani administration's handling of the country's economic issues, including a high unemployment rate, slow economic growth and a devaluation of Iran's rial currency as well as goods and currency smuggling. The riyal has lost more than two-thirds of its value in a year.

India will "definitely" not cut off entirely its crude oil imports from Iran, but it expects to have more clarity on its oil purchasing strategy amid the US sanctions on Tehran at a meeting with top USA officials next week, a senior Indian government official with direct knowledge of the country's oil purchasing policy told Reuters on Wednesday.

Iran has said if it can not sell its oil because of U.S. pressure, then no other regional country will be allowed to do so either, threatening to block the Strait of Hormuz - the strategic artery linking Gulf crude producers to the world.

A senior Iranian military official warned on Wednesday if foreign forces in the Gulf do not follow global laws, they would face the Revolutionary Guards' firm response.

Hard to leave: McCain's family weeps over casket
McCain is only the third individual so honored in Arizona's state capitol over the past 40 years, organizers of the ceremony said. McCain , the 2008 Republican presidential nominee and Vietnam War hero, died Saturday at 81 after a battle with brain cancer.

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