Britain, France, and Germany have initiated the "snapback" mechanism to reimpose UN sanctions on Iran, citing its failure to comply with the 2015 nuclear deal, launching a 30-day countdown for these sanctions to take effect.
Though the E3 emphasizes a commitment to diplomatic engagement, their actions reflect mounting frustration with Iran’s nuclear violations, raising tensions in an already volatile region.
In response, Iran has condemned the sanctions as a "provocative escalation," warning that they could seriously undermine its cooperation with the International Atomic Energy Agency and stall diplomatic efforts.
The announcement has triggered a financial crisis in Iran, with the rial plummeting to near-record lows, highlighting the severe economic repercussions of the impending sanctions.
Broad international criticism has emerged, notably from China and Russia, who view the E3’s decision as counterproductive and detrimental to regional stability.
Amid the rising tensions, both sides appear to be at an impasse, though the E3 has expressed a willingness to continue seeking a diplomatic resolution, leaving the possibility for future negotiations open.
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