From left, French Foreign Minister Jean-Yves Drian, UK Foreign Secretary Jeremy Hunt and German Foreign Minister Heiko Maas at a news conference on Iran in Bucharest, Romania, on Thursday. Photo: AFP

Europe launches trade vehicle to bypass US sanctions against Iran and salvage nuclear deal while Washington threatens ‘severe consequences’

  • Washington has warned the EU against trying to sidestep its sanctions on Tehran
  • Iran cautiously welcomed the news as a promising first step
Topic |   European Union

TOP PICKS

From left, French Foreign Minister Jean-Yves Drian, UK Foreign Secretary Jeremy Hunt and German Foreign Minister Heiko Maas at a news conference on Iran in Bucharest, Romania, on Thursday. Photo: AFP
READ FULL ARTICLE