Iran is warning the U.S. that there may be a "problem" with implementing the nuclear deal unless the U.S. reassures European banks that they will not be punished for doing business with Tehran. Reuters: Iran on Thursday called on the United States to make a clear public pledge that it would not penalize European banks for legitimate trade with the Islamic Republic. Many foreign banks are cautious about resuming trade with Iran following January's nuclear deal because they fear being caught up in ongoing U.S. sanctions. "Rebuilding the confidence of the banks that the United States will not re-intervene in their relations with Iran may require some further assurance from the United States," Iranian Foreign Minister Mohammad Javad Zarif said at Chatham House in London. "We don't need any more legalese - we need clear precise assurances that banks can do business with Iran," he said. "I hope that is fast coming because if not it...(Read Full Post)