This is an entry from: LIVE BLOG: Iran nuclear deal
President Obama: No deal means greater chance of war
14 July 2015 15:43 BST
US President Barack Obama spoke from the White House, praising his country’s diplomacy as able to bring about “real change”.
“Because of this deal, Iran will not produce...highly enriched uranium & weapons-grade plutonium," he said.
“No deal means a greater chance of war in the Middle East,” he stated, before reaffirming that he will “never hesitate to use force when it is in our security interests.”
Sanctions on Iran’s central bank, a national oil company, shipping lines, & the national air carrier will be lifted, he added.
Obama says he will continue to strengthen support for Israel, which he increased military aid to $1.9 bn this year.