Germany to keep seeking full implementation of Iran deal - spokeswoman

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Iran said on Saturday it would retaliate against new sanctions imposed by the United States after President Donald Trump set an ultimatum to fix "disastrous flaws" in a deal curbing Tehran's nuclear program.

But Trump, who must approve sanctions waivers every 120 and 180 days, said Friday the agreement must do more to ensure Iran never develops a nuclear weapon.

His decision will keep the 2015 nuclear deal alive for the time being. "This is a last chance", Trump said in a statement, EFE reported.

The Treasury Department also announced on Friday that sanctions would be leveled against 14 individuals and entities in Iran that are connected to "serious human rights abuses and censorship in Iran" as well as Iran's missile program.

The foreign ministers of Britain, France and Germany threw their weight behind the pact limiting Iran's nuclear ambitions and insisted that the Islamic Republic is respecting it.

Iran's Foreign Ministry has announced that the country will commit to no obligations beyond those it has already agreed to under an worldwide nuclear deal.

Sarah Huckabee Sanders said on Thursday that Trump "still strongly believes this was one of the worst deals of all time".

Trump said Friday that he would again waive sanctions that were lifted as part of the Obama-era agreement but the administration said he was doing it for the last time.

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Iran agreed to restrict its nuclear programme for at least 10 years in exchange for the relaxation of sanctions which have hamstrung its economic development in recent years.

The 2015 Iran nuclear deal was struck between the United States, under the administration of former President Barack Obama, Iran and five other countries.

The waiver he will sign suspends USA sanctions on Iran for 120 more days.

"The American administration has failed to undermine the nuclear deal".

Crude prices have been rising for weeks, in part amid expectations that Trump might pull the United States from the nuclear deal, which, in turn, would re-instate sanctions against Iran and limit its ability to sell oil overseas.

The White House said Trump underscored to Macron that Iran must cease its "destabilizing activity" in the region, including its support for terrorism.

Meanwhile, the Iranians have dismissed U.S. pressure to renegotiate the deal.

The officials said Trump expected America's European allies who are also parties to the 2015 accord, which swapped sanctions relief for a rollback of Iran's nuclear program, to join with him in reworking the deal.