Iran to stick to deal for $15b oil credit

TEHRAN, Sept 04 (AFP): Iran said on Wednesday it will resume full compliance with a 2015 nuclear deal if it can sell its oil or get a $15- billion credit line guaranteed by future crude sales.

Deputy Foreign Minister Abbas Araghchi expressed doubt, however, that such a plan could be agreed before a looming deadline set by Iran to further scale back its commitments under the nuclear accord.

The agreement - known formally as the Joint Comprehensive Plan of Action (JCPOA) - has been crumbling since the United States unilaterally withdrew from it in May last year.

France has been trying to convince the United States to offer Iran some sort of relief from sanctions it has reimposed on the Islamic republic since its pullout.

"Iran… will return to full implementation of the JCPOA only if it is able to sell its oil and to fully benefit from the income from these sales," said Araghchi.