Oil-rich Saudi Arabia has long said it would match any Iranian weapons development, but Jubeir's renewed vow came after US President Donald Trump pulled the United States out of an accord created to prevent Tehran's alleged quest for the bomb.
Bolton's op-ed follows President Donald Trump's decision to withdraw from the Iranian nuclear deal.
Meanwhile, state-run oil marketing firms have kept prices of transport fuel unchanged since April 24, temporarily suspending the dynamic daily pricing regime, despite a rise in global rates, to avoid panic among consumers, Indian Oil Corp (IOC) Chairman Sanjiv Singh said on Tuesday.
The pact, lifted sanctions on Iran in exchange for Tehran limiting its nuclear program.
Trump yesterday argued that the deal struck by the previous Obama administration and world powers was "defective at its core" and that he would pull out and reimpose sanctions on Iran, the world's fifth-biggest oil producer.
The statement said: 'We encourage Iran to show restraint in response to the United States decision'.
Oil prices rose sharply in response to the announced measures.
The re-imposition of sanctions means companies worldwide must stop doing business with the country or run afoul of the United States government.
Iran condemns global silence on Israel
Iranian officials have warned they may restart the country's controversial nuclear programme if new USA sanctions are imposed. French Foreign Minister Jean-Yves Le Drian says European companies should not have to pay for the United States decision.
Mourinho admits being happy with second is against his nature
Both Allardyce and Moyes, though, will want to go out on a high as they bid to either keep their jobs or secure their next move. Although they have defeated every side in the top six they have lost and drawn games to sides at the bottom of the table.
Are Traders Shorting Ultra Petroleum Corp. (:UPL) Shares?
It represents a security's price that, if achieved, results in a trader recognizing the best possible outcome for his investment. Stifel Nicolaus set a $3.00 target price on Ultra Petroleum and gave the company a "buy" rating in a research report on Tuesday.
In China, which is Iran's single biggest buyer of oil, Shanghai crude futures posted their biggest intra-day rally since their launch in March, rising more than 4.5 percent to a dollar-denominated record above $75 per barrel.Analysts had little hope that opposition to the USA action would prevent sanctions from going ahead.
USA oil prices have gained more than 16% since the start of the year.
"They have always been after the toppling of Iran's regime and this exit is in line with that aim", Ayatollah Ahmad Khatami, a member of Iran's clerical elite, said. Israel said that a barrage of missiles was sacked at its Golan Heights by Iranian forces following weeks of tensions.
The bank's analysts wrote Thursday that collapsing oil production in Venezuela and potential export disruptions in Iran could push the price of Brent crude as high as $100 per barrel in 2019. And there is no guarantee that Iran's major customers will comply with new sanctions.
"We believe the previous 1 million BPD (barrel per day) limit for exports (imposed during previous sanctions) will be reimposed".
European countries say Mr Trump's decision will increase the risk of conflict in the region.
"They should be clearly defined and guaranteed", he said, adding that those issues "may contribute to preserving the nuclear deal". He said companies doing business in Iran would not be able to generate new business but would be able to wrap up existing contracts.