Crude Oil Price Flops; Trump May Ease on Iran After Bolton Fallout

Iranian President Hassan Rouhani speaks during a session at the parliament in Tehran Iran on Dec. 25 2018

Netanyahu was among the most vocal champions of Trump's withdrawal from the 2015 nuclear deal between Iran and major powers and has voiced misgivings about Western engagement with Tehran unless this leads to sweeping restrictions on sensitive nuclear projects.

Four sources with knowledge of the USA president's conversations with French President Emmanuel Macron told the news outlet that Trump "has in recent weeks shown openness to entertaining" the proposal.

Trump's decision Tuesday was to fire Bolton.

Slavin said that with Bolton gone, the French proposal or any other initiative to ease the effects of American sanctions may bring the Iranians to the negotiating table.

The IAEA reports still did not include information on Iran's intention to develop Naval Nuclear Propulsion Systems, Prince Abdullah said while stressing the need to clarify the goal, especially as this technology is used more in military fields.

Trump on Wednesday warned Iran against further uranium enrichment but left open the possibility the U.S. could lift sanctions to pave the way to a meeting with Rouhani.

The departure of Bolton removes one of the strongest advocates of a hard line towards Iran from President Donald Trump's White House, and raises the prospect of steps to open up negotiations after more than a year of escalating tension.

Immediately after Mr Bolton's departure, US Secretary of State Mike Pompeo said on Tuesday that President Trump could meet President Rouhani at an upcoming United Nations meeting with "no preconditions".

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"Have no doubt that we have the power to manage the United States approach towards Iran and will never back down". "Bolton has always been an advocate of isolating the Iranian regime, and it's reasonable to assume that he was not a proponent of renewed talks with Tehran". But with the increasing pressure of sanctions, which would also penalise Iran's trade partners if they did not abide by the U.S. measures, Iran began to breach parts of its commitment to limit its nuclear activities. "We will deny the regime all paths to a nuclear weapon". "If we can't make a deal, that's fine, too".

On North Korea, Trump came to view Bolton as a potential spoiler for a landmark nuclear deal with the isolated country and repeatedly excluded him from important meetings.

Rouhani has had a series of phone conversations in recent weeks with Macron.

Iran says it hopes to salvage the nuclear deal but can not do so indefinitely if it receives none of the promised economic benefits.

Interested in Iran? Add Iran as an interest to stay up to date on the latest Iran news, video, and analysis from ABC News.

However, the ambassador said in an interview with Iran's state media that there is no room for dialogue with the USA as long as Washington's "unfair" sanctions and "economic terrorism" against Iranian people continue. Bolton famously wrote in 2015, before Iran's nuclear deal was struck, an op-ed in The New York Times headlined: "To Stop Iran's Bomb, Bomb Iran".

On July 1, it said it had increased its stockpile of enriched uranium to beyond the 300-kilogram maximum set by the deal.

In this frame grab from Islamic Republic Iran Broadcasting, IRIB, state-run TV, three versions of domestically built centrifuges are shown in a live TV program from Natanz, an Iranian uranium enrichment plant, in Iran, June 6, 2018. On Wednesday, he said that "if necessary, we will take other steps in future".

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