Iran warns of further retreat from nuclear deal if no European action by Thursday

Iran's foreign minister said on Tuesday Tehran would further cut its commitments under a 2015 nuclear deal unless European states acted to selvage the pact by Thursday, but that this did not mean the "end of talks", Iranian news agencies reported. Mohammad Javad Zarif said President Hassan Rouhani would soon announce details of the cuts, according to the semi-official news ISNA. "Implementation of this step does not mean the end of talks," he added.

France has proposed offering Iran about $15 billion in credit lines until year-end if Tehran comes fully back into compliance with the deal, a move that hinges on Washington not blocking it, Western and Iranian sources said.

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