French foreign minister Laurent Fabius said on Monday that the European Union would likely lift some sanctions on Iran in December, as part of a nuclear deal reached between Iran and world powers.

French foreign minister Laurent Fabius said on Monday that the European Union would likely lift some sanctions on Iran in December, as part of a nuclear deal reached between Iran and world powers.

Fabius also said Israel -- which blasted Sunday's agreement as a "historic mistake" -- was not likely to launch any preventative strikes on arch-foe Iran, "because no one would understand" such a move "at this stage."

Speaking on Europe 1 radio, Fabius said that EU foreign ministers would gather together in "a few weeks" to put forward a proposal to partially lift some sanctions, which the 28-member body will have to approve.

"This lifting of sanctions is limited, targeted and reversible," he said, adding that it would take place "in December".

After more than four days of intense negotiations, Iran and the P5+1 group, which includes the five permanent members of the UN Security Council -- the US, Britain, Russia, France, China-- plus Germany, sealed an interim deal in Geneva on Sunday morning.