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On Tuesday, US President Donald Trump announced he was pulling out of the landmark deal curbing Iran's nuclear program and reintroducing sanctions on the Islamic Republic and those who trade with it. He ordered Foreign Minister Mohammad Javad Zarif to negotiate with the countries still in the deal to try to save it, and Friday's statement reiterated that Zarif was seeking "required guarantees" from the five other parties to the agreement. But its regional rivals Saudi Arabia and Israel applauded the USA move.

"The imbecile Trump's pretexts and insane move following a psychological war and breach of contract and unilateral pullout from the JCPOA and his idiotic remarks against the powerful Iran revealed again the imperialistic nature of the criminal American leaders", they stated.

US Defense Secretary Jim Mattis insisted Wednesday that the US would keep working with its allies to prevent Iran from getting nuclear weapons - despite Trump's withdrawal from a deal created to do just that.

His criticisms are accurate.

Iran agreed to stringent monitoring and inspections. He is wrong, however, on everything else.

Describing Trump's move as "a serious mistake", the former president argued that: "In a risky world, America must be able to rely in part on strong, principled diplomacy to secure our country". Significantly, the IAEA has acknowledged that Tehran has complied with the agreement.

"What's most important is to maintain stability and peace in the Middle East", he added.

In October, Trump announced he would not permit U.S. certification of Iranian compliance with the deal, setting the United States on the path that it reached on Tuesday.

He put Britain's case at talks with Pompeo and in an interview with "Fox & Friends" on cable channel Fox News, which Trump regularly watches.

But the most vital criticism of Trump came from a president who refused to play politics with issues of life and death: Barack Obama.

USA withdrawal could be calamitous. Iran can not be allowed to have a nuclear weapon and, under a Trump Administration, will never be allowed to have a nuclear weapon.In negotiation, you must be willing to walk. That would spur the arms race that Trump fears as Iran's neighbors respond, or, worse, prompt a military strike by regional governments to pre-empt Tehran from doing so.

Other signatories, including major trade partner Beijing, promised to work to keep the accord in place. President Hassan Rouhani reaffirmed his commitment to the deal and announced his intent to negotiate with European countries, China and Russian Federation.

Oil is priced and traded in USA dollars because of the dominance of the dollar-denominated Brent and West Texas Intermediate benchmarks. Germany, France and the United Kingdom all implored the president to remain in the deal.

The Europeans seek to save the agreement, calling on Tehran to abide by its terms despite the USA withdrawal.

The Iranians have responded to his action by saying they're preparing to restart uranium enrichment.

Parliament alt-right members protested against Larijani's speech and took to the podium, setting fire to the American flag and a piece of paper symbolizing the nuclear deal.

President Trump's decision to violate and withdraw from the Iran anti-nuclear deal is one of the most risky foreign policy blunders in recent memory, setting the stage for a war that one analyst has noted could "make the Afghan and Iraqi conflicts look like a walk in the park".