Israel's Prime Minister Benjamin Netanyahu said Israel is not bound by deal over Iranian nuclear program.

Netanyahu said the Iranian deal repeats the mistakes of nuclear agreement with North Korea.

He added that the world powers made the world a much more dangerous place today than it was yesterday, The Jerusalem Post reported.

The Israeli PM plans to convene Security Cabinet meeting to discuss the Iranian deal.

As reported earlier, U.S. President Barack Obama is set to discuss the deal with Israeli PM and the Saudi Arabia king.