He clarified that the U.S. leader was not withdrawing from the agreement, but offering to renegotiate and add to it.
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Riyadh and Tehran are bitter rivals, with ties scarred by religious differences and a quest for regional dominance.
With American sanctions in place, the international community is likely to end ties with the Islamic republic, dealing a blow to the domestic economy.
Iran is basically bankrupt, so it has to rely on foreign countries to provide financing for any business dealings, said Al-Faisal.
Rouhani now "has to scramble to find support wherever he can find it [but] I don't think he will get much success, frankly, because the American sanctions are going to be very strict and very enforceable, not just on Iranian companies but anyone who deals with Iran," he warned.
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