Earlier in the day, Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei set out conditions for Tehran to stay in the nuclear deal with world powers, including steps by European banks to safeguard trade with Tehran after the USA withdrawal from the agreement.
"The Islamic republic can not deal with a government that easily violates an global treaty, withdraws its signature, and in a theatrical show brags about its withdrawal on television", Ayatollah Ali Khamenei said in comments posted on his official website.
The Leader cited Iran's experiences of United States behavior over the years and said, "The first experience is that the government of the Islamic Republic can not interact with America ... Why?"
In his first major foreign policy address since moving to the State Department from the CIA, Pompeo said on Monday that Washington would increase the financial pressure on Iran by imposing the "strongest sanctions in history" on the Islamic Republic if Tehran refused to change the course of its foreign and domestic policy.
The announcement of these conditions comes a day after U.S. Secretary of State Mike Pompeo announced that Washington was working on the "strongest sanctions in history" to be imposed on Iran.
Scrapping the deal would allow Iran to resume its nuclear programme and this would "massively jeopardise" Europe's security, Maas told reporters after what he called a frank but constructive meeting with Bolton.
While Pompeo's remarks leave little doubt that the Trump Administration has Iran's nuclear ambitions and its growing influence in the Middle East, including the ongoing Syrian civil war, in its cross hairs, the impact, at least in the short to mid-term on oil markets will be muted.
Khamenei said he was demanding assurances as he does not trust the European powers which are longstanding USA allies, "We don't want to start a fight with Europe but these three countries (UK, France and Germany) have shown that they will follow America in the most sensitive issues", he added".More news: Time lapse from Hawaii observatory shows eruptions at Kilauea
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"We have no conflicts with regard to these three countries; but we do not trust them, based on previous experience", Khamenei said.
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"Pompeo and other United States officials are trapped in old illusions".
All the other parties to the agreement - Russia, China, Iran, Germany, France and the United Kingdom - have not supported Trump's move. The other two signatories to the deal, China and Russian Federation, also want to maintain it.
"If they restart their nuclear program, they will have big problems, bigger problems than they've ever had before", he said, also threatening to "crush" Iran's terrorist proxies around the world".
Under the requirements, "Iran has no possible path to a nuclear weapon, ever", Pompeo said.
Earlier on May 23, Pompeo reiterated his tough stance toward Iran in testimony before a House committee. "Europe must compensate for that silence", Khamenei said according to state-run news agency IRNA.