Yes and Yes.
Taking this flight (and it's turnaround) precludes any EUR stopovers.
Code:
4. FLIGHT APPLICATION/ROUTINGS
...
(m) Nonstop transatlanticTravel on AA between DEL and ORD is permitted.
For travel ex South America/South West Pacific – when this service
is utilised a minimum of a 4 Continent Fare must be charged.
For travel ex North America/Asia – when this service is utilised a
minimum of a 3 continent fare must be charged.