Europe's 'Snapback' Sanctions on Iran's Nuclear Deal: Key Details and Potential Impact

Introduction
The recent decision made by Britain, France, and Germany to notify the U.N. Security Council about Iran's violation of the 2015 nuclear deal has caused quite a stir in the international community. This move, known as the 'snapback' sanctions, is believed to be a consequence of Iran's continuous refusal to comply with the terms of the deal.
Key Details
The three European countries have clearly stated that they have no intention of reviving the sanctions that were previously lifted under the deal. However, they have expressed their concerns about Iran's increasing nuclear activities and their failure to provide adequate explanations for them. This has led to a joint decision to notify the U.N. Security Council, which could result in the re-imposition of sanctions on Iran.
Impact
The repercussions of these 'snapback' sanctions could be far-reaching for both Iran and the international community. While it may not directly affect the current nuclear deal, it could strain diplomatic relations and further escalate tensions in the already volatile region. It could also have economic implications for Iran, as the sanctions could potentially impede their ability to trade with other countries.