WASHINGTON: US President Donald Trump has withdrawn the US from the Iran nuclear deal, citing what he believed to be a "very bad deal" that benefited Iran only and no other country or region, he said in a statement at the White House on Tuesday.
Trump went on to say that the deal, fails to stop "Iran's other malicious action."
He said: "The Iran nuclear deal failed to deal with the country's ballistic program and Iran has continued to stoke up trouble in the region by supporting terror organisations.
"The American people stand firm with the Iranian people who have suffered for 40 years under this religious dictatorship.
"Cancelling the nuclear deal with Iran will make America safer.
"Since signing the Nuclear deal with Iran, Tehran has sponsored chaos and killed our soldiers."
Prime Minister of Israel Benjamin Netanyahu said that Tel Aviv will work to prevent Tehran establishing bases in Syria and will respond with force against Iran threats.
Saudi Arabia said that it supports President Trump's withdrawal from Iran nuclear deal. Saudi Arabia said that Iran has used its funds since sanctions were lifted to "increase its belligerence in the region." Arab countries such as Bahrain and the UAE followed suit and expressed their countries' support for the decision taken by President Trump.
Iran's President Hassan Rouhani said that President Trump was launching "psychological and economic war against Tehran," and Rouhani added in a press conference that his country will consult with other parties in the deal and will decide his country's next step.
The EU is "determined to preserve" the Iran nuclear deal, the bloc's diplomatic chief Federica Mogherini said Tuesday after President Donald Trump said the US was pulling out.
The 2015 accord "is delivering on its goal which is guaranteeing that Iran doesn't develop nuclear weapons, the European Union is determined to preserve it," Mogherini said, warning she was "particularly worried" by Trump's announcement of new sanctions.
Russia's foreign ministry said it was "deeply disappointed" by Trump's decision to pull out of the 2015 Iran nuclear deal, the ministry said in a statement on Tuesday.
"There are no - and can be no - grounds for breaking the joint comprehensive action plan (JCPOA). The plan showed its full efficiency," the ministry said. "The United States is undermining international trust in the International Atomic Energy Agency."
The ministry said it was open to further cooperation with other Iran deal members and would continue to actively develop bilateral ties with Tehran.
The United Nations Secretary General Antonio Guterres expressed his deep concern regarding the US withdrawal from Iran's nuclear deal signed under the Obama administration in 2015. The UN chief called on other countries signatories to stand by the deal.