European powers—Britain, France, and Germany—are warning Iran that tough United Nations sanctions will be reinstated by the end of August unless there is concrete progress on reviving the nuclear deal. The so-called 'snapback' mechanism would restore sanctions that were lifted under the 2015 agreement, which has been faltering since the US withdrawal and Iran's subsequent breaches. Iran has agreed to meet with the European trio in Istanbul for renewed talks, but both sides are trading blame for the collapse of the original deal. Tehran has threatened retaliation and further escalation if sanctions are reimposed, raising fears of increased regional instability. The diplomatic window is closing fast, with Europe leveraging the threat of sanctions to push Iran back to the negotiating table.
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