The Joint Comprehensive Plan of Action (JCPOA) is at risk of failure, potentially turning Iran into the next North Korea. Reports suggest that both the Trump administration and hardliners in Iran are ready to walk away from the agreement. Both sides accuse the other of violations, and the Trump administration is apparently intent on finding a reason not to recertify the agreement, due in a little under 90 days. And yet, the JCPOA remains the best way to ensure that Iran does not acquire nuclear weapons, at least in the next decade. In light of this, European leadership should urgently pursue three policy options—including the opening of a European financial channel with Iran—to counter the opposition to the agreement by the Trump administration and Iranian hardliners.