NO REPORTER NARRATION Iran is feeling the effects of existing U.S. sanctions as President Donald Trump prepares to impose more of them from Monday (June 24), his National Security Adviser John Bolton said on Sunday (June 23) during a visit to Israel.
While flagging further sanctions, Trump also said on Saturday (June 22) he wanted to make a deal to bolster Iran's flagging economy, an apparent move to defuse tensions following the shooting down of an unmanned U.S. drone by the Islamic Republic.
Tensions in the region began to worsen significantly when Trump pulled out of a 2015 nuclear deal between Iran and six powers and reimposed sanctions on the country.
The sanctions had been lifted under the pact in return for Tehran curbing its nuclear program.
Iran may further scale back compliance with its nuclear deal unless European countries shield it from U.S. sanctions through a trade mechanism, the head of Tehran's Strategic Council on Foreign Relations was quoted as saying on Sunday.
Iran denies seeking nuclear weapons, and has been cool to U.S. suggestions of renewed negotiations.