Iran this week warned that it will take a "strong step" away from the 2015 nuclear deal with world powers, if Europe cannot offer Tehran new terms to circumvent economic sanctions imposed by the US. French President Emmanuel Macron has reportedly offered to extend a $15 billion letter of credit to Iran in exchange for its compliance with the deal.

KAN's Naomi Segal asked Professor Gerald Steinberg, a professor of political science at Bar-Ilan University and head of NGO Monitor, for his take on the latest developments.