Europe Prepares for UN Snapback Amid Iranian Crisis
Iran's rial hit 1 million to $1. France, Germany, UK prepare UN snapback. Snapback would impose sanctions on Iran. Rial at 1,043,000 to $1 since 2015 deal. Iranians warn snapback would worsen conflicts. China's oil purchases could complicate enforcement. Snapback deadline is October 18. Russia proposes extending UN resolution