The EU Finally Stands Up for Itself Over US Iran Sanctions

History may one day rule this was the fateful geopolitical moment when the European Union clinched its PhD on foreign policy.

Last week, EU foreign policy head Federica Mogherini and Iranian Foreign Minister Mohammad Javad Zarif, announced at the UN a “special purpose vehicle” (SPV) to deal with the Trump administration’s sanctions on Iran after the US unilaterally pulled out of the JCPOA,  also known as the Iran nuclear deal.