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US President Trump made a stupid mistake by exiting Tehran’s 2015 nuclear deal, said Iran’s President Hassan Rouhani on Wednesday.

Further comments

End of arms embargo on Tehran among achievements of the nuclear deal.

US should lift all sanctions on Tehran if it wants to return to nuclear deal.

Tehran will give a crushing response if arms embargo on Tehran extended.

Market reaction

Both crude benchmarks remain unaffected by the above remarks, with WTI in a consolidative mode around $24.50 levels.