The thing is unfortunately the EU will not be able to hold their end of the deal simply because the US will sanction EU companies doing buisness. I doubt the EU will risk their relationship with the US over Iran. Iran wanted western investment to get better deals from Russia and China. With the EU possibly unable to hold into JPCOA Iran will see little economic benefit and restart their nuclear program. And with Trump having neo cons like Bolton and Pompeo in his cabinet he will start a disastrous war in the Mideast.
I think it’s different.
The reason the deal happened in the first place was because the Europeans were losing so much business that they grew a spine for the first time and threatened to act independently so the US and Israel folded.
Nobody expected the US to honour the deal long term. The main purpose was to remove UN sanctions and insure that when the US with Israel barking renege in future that they will not have any semblance of legality in international law. That ain’t changing.
My read of things?
Iran also fully expected the Europeans to be bullied and brought back into line by their US master in the future so was not expecting investment and trade from them,
they used the brief time they had to repatriate all the "frozen" money and assets held in western accounts.
Also, the sanctions Trump out back won’t hold in the EU courts anyway. They will rule Iran is abiding by its commitments.
France to finance exports to Iran, aims to sidestep U.S. sanctions
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We’ve already seen the Israeli PM put old information as “intelligence”.
The only way a war will start is through fake reasons like Iraq but there will be no Congressional or UN mandate.
I think the likely scenario is Hezbollah and Israel fighting in the Golan.