IRAN: Sanctions 'Snapback' On Iran In Late August Increasingly Likely

With Iran stonewalling requests to return to the negotiating table with the United States, the three European signatories to the 2015 Iran nuclear deal appear likely to trigger the reimposition of sanctions on Iran. if Tehran does not change course, sanctions are likely to be reinstated on August 29.

• The Financial Times reported yesterday that the E3 (UK, France, Germany) wrote to the United Nations: “We have made it clear that if Iran is not willing to reach a diplomatic solution before the end of August 2025, or does not seize the opportunity of an extension, [the E3] are prepared to trigger the snapback mechanism,”
• The FT notes: "The E3 told Iran at talks in Turkey last month that they could extend the snapback deadline if Tehran agreed to resume talks with the US and co-operation with the International Atomic Energy Agency."
• Lawrence Norman at the Wall Street Journal reports on X: "The very clear gist I have is that we’re heading towards SnapBack in late August. UK govt source says that since they offered an extension of SnapBack deadline to Iran 3 weeks ago, they haven’t heard back from Tehran. Time very short now."
• CNBC reports: "The consequences for Iran could be dire and could once more spike tensions and the possibility of conflict. Iranian officials have suggested the country could withdraw from the Nuclear Non-proliferation Treaty (NPT) if those sanctions are reimposed."