Updated: Trump pulls out of the Iran Nuclear Deal

Iran Nuclear Deal

There are indications and predictions that President Donald Trump will be pulling out of the Iran Nuclear Deal.

Trump is expected to announce his decisions in the next few minutes.

The Iran Nuclear Deal was the framework was a preliminary framework agreement reached in 2015 between the Islamic Republic of Iran and a group of world powers: the P5+1 (the permanent members of the United Nations Security Council—the United States, the United Kingdom, Russia, France, and China—plus Germany) and the European.

Trump’s decision on the deal would go along way in deciding geo-political environment in the Middle East and more importantly global oil prices.

President Trump called out Iran as a state sponsor of terrorism. He said the country has killed several Americans directly or indirectly.

“We will be instituting the highest level of sanction on Iran,” he said.

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