Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Europeans warn Iran of UN sanctions if no concrete progress on nuclear issue
    Headlines

    Europeans warn Iran of UN sanctions if no concrete progress on nuclear issue

    Europeans warn Iran of UN sanctions if no concrete progress on nuclear issue

    Published by Global Banking and Finance Review

    Posted on July 17, 2025

    Featured image for article about Headlines

    By John Irish

    PARIS (Reuters) -France, Britain and Germany told Iran on Thursday that they would restore U.N. sanctions unless it reopened talks on its nuclear programme immediately and produced concrete results by the end of August.

    The foreign ministers of the so-called E3, along with the European Union's foreign policy chief, held their first call with Iranian Foreign Minister Abbas Araqchi since Israel and the U.S. attacked Iranian nuclear facilities a month ago.

    A French diplomatic source said the ministers had urged Iran to resume diplomacy immediately to reach a "verifiable and lasting" deal, threatening to use the so-called 'snapback' mechanism if it failed to do so.

    But in a post on X, Araqchi dismissed the threat, saying he had told the ministers: "It was US that left the negotiation table in June this year and chose a military option instead, not Iran ...

    "If EU/E3 want to have a role, they should act responsibly, and put aside the worn-out policies of threat and pressure, including the 'snap-back' for which they lack absolutely [any] moral and legal ground."

    He said talks would only be possible "when the other party is ready for a fair, balanced, and mutually beneficial nuclear deal".

    The three European countries, along with China and Russia, are the remaining parties to a 2015 deal - from which the U.S. withdrew in 2018 - that lifted sanctions on Iran in return for restrictions on its nuclear programme.

    If Iran is found to be in violation of the terms, the "snapback" can be used to restore U.N. sanctions before the U.N. Security Council resolution enshrining the deal expires on October 18. The process would take about 30 days. 

    "The ministers also reiterated their determination to use the so-called 'snapback' mechanism in the absence of concrete progress toward such an agreement by the end of the summer," the French diplomatic source said, without specifying what this would entail.

    Since the air strikes, inspectors from the U.N. nuclear watchdog, the IAEA, have left Iran. While Tehran has suggested it is open to diplomacy, there are no indications a sixth round of talks with Washington will resume soon.

    Even if they do, diplomats say reaching a comprehensive accord before the end of August - the deadline the Europeans have given - seems unrealistic, especially without inspectors on the ground.

    Two European diplomats said they hoped to coordinate strategy with Washington in the coming days with a view to restarting talks with Iran.

    (Reporting by John Irish; Editing by Leslie Adler, Nia Williams and Kevin Liffey)

    Related Posts
    Human‑wave attacks and drones: How Myanmar's junta is fighting back
    Human‑wave attacks and drones: How Myanmar's junta is fighting back
    EU to relent on combustion engines ban after auto industry pressure
    EU to relent on combustion engines ban after auto industry pressure
    US suspends technology deal with Britain, FT reports
    US suspends technology deal with Britain, FT reports
    Taiwan's global credibility on the line with disputed laws, president says
    Taiwan's global credibility on the line with disputed laws, president says
    Trump sues the BBC for defamation over editing of January 6 speech, seeks up to $10 billion in damages
    Trump sues the BBC for defamation over editing of January 6 speech, seeks up to $10 billion in damages
    Europe to launch international commission for Ukraine war damages
    Europe to launch international commission for Ukraine war damages
    South Korea's ADEL signs up to $1.04 billion Alzheimer's drug development deal with Sanofi
    South Korea's ADEL signs up to $1.04 billion Alzheimer's drug development deal with Sanofi
    'Battlefield' maker EA forecasts softer 2026 bookings amid slow spending, crowded holiday slate
    'Battlefield' maker EA forecasts softer 2026 bookings amid slow spending, crowded holiday slate
    Britain clinches upgraded South Korea trade deal
    Britain clinches upgraded South Korea trade deal
    Bondi gunmen were inspired by Islamic State, had travelled to the Philippines, Australia police say
    Bondi gunmen were inspired by Islamic State, had travelled to the Philippines, Australia police say
    Belarus' Lukashenko says Venezuelan President Maduro is welcome to move to Belarus
    Belarus' Lukashenko says Venezuelan President Maduro is welcome to move to Belarus
    Trump says lawsuit against BBC likely to be filed soon
    Trump says lawsuit against BBC likely to be filed soon

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Headlines

    Explore more articles in the Headlines category

    German parliament suffers suspected cyberattack during Zelenskiy’s visit, FT reports

    German parliament suffers suspected cyberattack during Zelenskiy’s visit, FT reports

    European leaders agree Ukraine security guarantees should include European-led peacekeeping force

    European leaders agree Ukraine security guarantees should include European-led peacekeeping force

    UK military chief urges Britain to better prepare for Russia threat

    UK military chief urges Britain to better prepare for Russia threat

    Ukraine says underwater drones hit submarine, but Moscow denies damage

    Ukraine says underwater drones hit submarine, but Moscow denies damage

    Serbia's prosecutor files to indict minister in connection with Kushner project

    Serbia's prosecutor files to indict minister in connection with Kushner project

    French court jails Congo ex-rebel leader for 30 years

    French court jails Congo ex-rebel leader for 30 years

    Italy's Caltagirone group strengthens governance procedure over Generali, MPS stakes

    Italy's Caltagirone group strengthens governance procedure over Generali, MPS stakes

    France says cattle disease under control as farm protests continue

    France says cattle disease under control as farm protests continue

    Israeli forces kill Palestinian teen in West Bank, health ministry says

    Israeli forces kill Palestinian teen in West Bank, health ministry says

    Ukraine could gain NATO-like security assurances in US-proposed Russia peace deal

    Ukraine could gain NATO-like security assurances in US-proposed Russia peace deal

    European drone wall, other 'flagship' defence projects at risk in EU power struggle

    European drone wall, other 'flagship' defence projects at risk in EU power struggle

    Jimmy Lai remains beacon of Hong Kong press freedom, say ex-colleagues awaiting his sentencing

    Jimmy Lai remains beacon of Hong Kong press freedom, say ex-colleagues awaiting his sentencing

    View All Headlines Posts
    Previous Headlines PostRussia says it downed 73 Ukrainian drones, including 3 flying to Moscow
    Next Headlines PostCyprus leaders to continue discussions on confidence building, says UN