Putin Tries Adding Weight To Iran Conflict With U.S.
Emmanuel Macron and Angela Merkel have an ally in Russia. When it comes to Washington (and Tel Aviv’s) penchant for calling foul on the Iranian nuclear deal, the two largest economies in the eurozone can count on Vladimir Putin to stand in their corner.
Putin reiterated Russia’s position that the Iranian nuclear deal made by former president Barack Obama is “of paramount importance for ensuring international stability and security” and must be “strictly observed by all parties,” the Kommersant business daily reported on Tuesday.
Putin reportedly discussed the Iranian nuclear power deal with Israeli leader Benjamin Netanyahu, who just hours before had come out with his own intelligence agency’s report alleging evidence that the Islamic Republic was indeed enriching uranium for military use and not just for energy use. The report said that Israel initiated the call.
Netanyahu accused Iran of lying about developing nuclear weapons yesterday, with the link masters over at the Drudge Report showing a picture of “Bibi” — as the Israeli Prime Minister is known — standing by what looks like a large slide slow presentation with the words “Iran lied” in bold type. The S&P 500 fell another half a percent on the news. Netanyahu claims Israeli has roughly 100,000 documents showing Iran’s breach of contract. Washington immediately gave the documents its blessing of authenticity.
Trump, who has been hawkish on Iran since day one, said he “was right” about Iran all along.
“In seven years, the term of this deal will come to an end, and Iran will have the right to move on and create nuclear weapons,” Trump said of the Obama deal, adding that the dissolution of the nuclear deal might also benefit the North Korea nuclear disarmament talks. North Korea was said to be developing a nuclear weapon but did not have one at this time. Iran also does not have a nuclear weapon, though Israeli’s document claim they are in the process of making one, or have the capability to do so.
Big picture investors watching the imbroglio unfold are hopeful that Israel’s allegations became part of a Saudi Arabia-Israel joint effort to pressure Iran, something we have seen in the South Korea-China dealings with sanctioned North Korea.
Putin counts Iran as one of its biggest allies in the Middle East.
Trump threatened to withdraw from the Iranian nuclear deal last week unless an additional agreement was passed this month. The Israeli discovery will be used to apply more pressure on Tehran to renegotiate the nuclear power deal. Merkel and Macron both want a peaceful settlement in Iran. France is particularly interested because its oil giant Total has significant investments there. Trump seems to be saying that a new nuclear deal with Iran will be made with European mediators, likely one of them being France or Germany. Russia was not yet invited to the table.