Pompeo seeking 'strong cooperation' with Europeans on Iran

Saudi Arabia says it may raise oil output after US quits Iran nuclear deal

"If the remaining five countries in the deal live up to their commitments and guarantee Iran's interests, the agreement will survive", he said during a meeting with visiting Sri Lanka President Maithripala Sirisena.

"We will be instituting the highest level of economic sanctions".

Bolton, however, did not rule out sanctions for European companies doing business with Iran. "It has crucial significance not only for ensuring regional security, but also for stability in the world, and it's extraordinarily important in the regime of nuclear non-proliferation".

On May 9, President Trump announced the United States withdrawal from the Joint Comprehensive Plan of Action (JCPOA) or the Iran nuclear deal which limited the country's uranium enrichment in exchange for sanctions relief.

Iran has promised to maintain the deal, regardless of Trump's withdrawal, as long as it still has the support of France and the UK.

"At the moment, it's the only diplomatic proposition on the table", French Foreign Minister Jean-Yves Le Drian told Le Parisien newspaper in an interview. "Plan B is war".

Germany's minister for economic affairs, Peter Altmaier, said on Sunday that Berlin would try to "persuade the U.S. government to change its behavior". China is the biggest buyer of Iranian oil.

In an interview with conservative Fox chain, Pompeo was "hopeful" about achieving a consensus - which has not been possible until now - but same morning, Secretary of Homeland Security, John Bolton, warned of possible sanctions on European companies Let m do business with Iran.

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"Why would any business, why would the shareholders of any business, want to do business with the world's central banker of global terrorism?"

While he has committed to remaining in the nuclear agreement, French President Emmanuel Macron floated the idea of a supplemental deal on Iran during a visit to Washington last month. Bolton said on ABC's "This Week".

An update of the 1996 European Union legislation against U.S. sanctions, called a blocking statute, was being considered, he said, adding that French and German companies in particular were above all asking for visibility on the subject. The bulk of the exports - €70 million - comprised office machines and data-processing equipment, but there were also significant exports of medical and pharmaceutical equipment, and dairy produce. Prime Minister Theresa May added the U.K.'s voice to the push in a call with Rouhani on Sunday.

France as a "matter of principle" can't accept that "the USA act like the world's economic policeman", Finance Minister Minister Bruno Le Maire told reporters on Friday.

US Secretary of state Mike Pompeo said Sunday that he will work hard for "next days and weeks" can reach an agreement with European allies on Iran "that works truly", having broken this week hit in 2015 Despite appeals against allied countries.

"There is very strong US pressure on this, which requires a firm European response, that's what the president will say", he added.

"I've written and said a lot of things over the years when I was a complete free agent", Bolton told CNN.

If "everybody simply does what they want, then that's bad news for the world", she said.

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