France says it will not launch dispute resolution for Iran nuclear deal

The Grace 1 vessel was halted in the early hours of Thursday by Gibraltar police and customs agencies

Iran has announced it will break a limit set on uranium enrichment, in breach of the landmark 2015 deal created to curb its nuclear ambitions.

The striking comment by Mohsen Rezaei came amid heightened tensions over Iran's unraveling 2015 nuclear deal with world powers, an accord that the US withdrew from a year ago.

Extremely concerned at Iran's announcement that it has started uranium enrichment above the limit agreed to in the #JCPoA.

"We strongly urge Iran to stop and reverse all activities inconsistent with its commitments", a German foreign office spokesman said, naming production of larger quantities of low-enriched uranium as well as enrichment to higher levels than allowed.

US President Donald Trump threatened Iran on Wednesday its threats might "come back to bite" after Tehran declared to pass the utmost uranium enhancement level approved by a landmark 2015 nuclear accord.

A spokesman for Iran's Foreign Ministry earlier called on the U.K.to release the tanker.

The International Atomic Energy Agency, the United Nations s nuclear watchdog, said Friday it would hold a July 10 emergency meeting on Iran.

The Israeli prime minister, Benjamin Netanyahu, called on world powers to impose "snapback sanctions" on Iran in response to its declarations.

President Trump withdrew the U.S. from the landmark agreement in 2018.

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The statement did not specify what consequences could follow, but the United States has already reimposed hard-hitting financial sanctions against Tehran that have helped devastate the country's economy.

Germany and other European Union countries have sought to keep the accord alive by developing a money transaction system known as INSTEX that allows Iran to circumvent U.S. sanctions and continue doing business internationally.

French president Emmanuel Macron said on the weekend that he had been speaking with Iran's president Hassan Rouhani, expressing strong concern if the 2015 deal was scrapped.

"This measure is a very unsafe step, and I call on my friends, leaders of France, Britain, Germany: You signed the deal and said the moment they'd take this measure, harsh sanctions would be imposed", Netanyahu said at the start of a cabinet meeting.

The Iranian officials, speaking at a news conference, did not give specifics but said monitoring would confirm the breach on Monday.

Mr Hunt said: "We continue to think, alongside the French and the Germans, that the most important priority is for Iran to remain nuclear free". Discussions with European powers are continuing and ministerial-level talks are planned later this month, he said.

The IAEA has in recent days confirmed that Iran has breached the limit of 300 kilogrammes and has scheduled a special meeting on Iran's nuclear programme for July 10.

"This is a very, very unsafe step", Netanyahu said in public remarks to his cabinet.

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