Key Words: Bolton says Iran plan isn’t regime change; sanctions against Europe also possible

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‘That’s not the policy of the administration. The policy of the administration is to make sure that Iran never gets close to deliverable nuclear weapons’

—Bolton

President Donald Trump’s national security adviser, John Bolton, on Sunday said denuclearizing Iran, not changing its leadership, was at the heart of the administration’s decision on Tuesday to withdraw from the 2015 Iran multilateral nuclear pact, an agreement that Trump described as “defective” and “disastrous.”

Appearing on ABC’s This Week with George Stephanopoulos, Bolton also indicated that it is possible that the U.S. would sanction European countries, which had advocated against Washington’s exit from the Iran pact, including Germany and France. He reiterated that idea on other talk shows Sunday, including CNN’s State of the Union with Jake Tapper.

‘Well, I think the president said in his statement on Tuesday that countries that countries that continue to deal with Iran could face U.S. sanctions. Europeans are going to face the effective U.S. sanctions, already are really, because much of what they would like to sell to Iran involves U.S. technology, for which the licenses will not be available.’

—Bolton

Trump’s pullout from the Iran agreement has helped to underpin a rally in crude-oil futures in the U.S. CLM8, -1.19% and internationally LCON8, -0.37% with investors expecting sanctions on Iranian exports to disrupt global supplies, potentially bullish for oil’s price.

Check out the video via ABC:

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