Economic sanctions slapped on the Iranian Foreign Minister Mohammad Javad Zarif by America, did not prevent him from making an appearance at the G7 Summit in Biarritz France recently. In fact, it became a ground for France and other nations to act as a mediator to call it a truce between the two nations which are warming up to enter into a full-fledged war.
The United States President Donald Trump was obliviously not pleased with the fact France had extended an invitation to Iran to preside over the summit. French President Macron tried to bring the two nations to peaceful way out, but as much as Zarif said that he would not be conversing with American officials, the latter also decided to ignore the request of France at the summit.
According to official reports, Zarif met his French counterpart to assess what conditions could lead to a de-escalation of tensions between Tehran and Washington.
European nations are wishing to ease the tension mounting between Tehran and Washington to ensure the repercussion doesn’t end up into a full-blown nuclear war. Macron, on his part, is of the mind that such talks could help reduce some damage to Iran over economic sanctions levied by the US.
However, Iran has said, it can still go ahead with working with the West if they are willing to let Tehran export a minimum of 700,000 barrels per day of its oil and ideally up to 1.5 million BPD.
However, Trump has not entertained the idea of reissuing any oil sanction waivers that were granted last year to some buyers but which came to end on May 2019.