Iran sanctions: Rouhani defiant as United States re-imposes measures

Geneva Stokes
November 6, 2018

The reimposition of sanctions lifted under a 2015 nuclear deal adds 300 new designations in Iran's oil, shipping, insurance and banking sectors, to try to sharply reduce the country's petroleum revenues, a mainstay of its economy. Oil markets have already adjusted to the Iran sanctions, gradually dialing back imports in preparations.

"America wanted to cut to zero Iran's oil sales.but we will continue to sell our break sanctions", Rohani said.

Iranian state television aired footage of air defence systems and anti-aircraft batteries in military manoeuvres across a vast stretch of the country's north. The Europeans have mounted a drive to save the agreement without the USA, fearing that the new sanctions will drive Iran to pull out and resume all of its nuclear work'.

"The shadow of the sanctions has already affected the economy in a disastrous way, people's purchasing power has plunged", said Ehsan Attar in his herbal remedy shop.

Hardline students stormed the embassy on November 4, 1979, soon after the fall of the USA -backed shah, and 52 Americans were held hostage there for 444 days.

The secretary of state announced China, Italy, Greece, India, South Korea, Taiwan, Turkey and Japan will be initially exempt.

Pompeo told reporters that the eight countries secured temporary waivers to continue importing oil from Iran.

The restoration of USA sanctions on Monday targeting Iran's oil sales and banking sector is part of an effort by Trump to force Iran to halt its nuclear and ballistic missile programmes outright, as well as its support for proxy forces in conflicts across the Middle East.

India says it expects a major jump in its exports to Iran in light of a sanctions waiver mechanism provided by the United States to maintain purchases of oil from the Islamic Republic. Iran denies the allegations.

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Bears remains in control, as Tehran defies USA sanctions and continues oil exports.

The Islamic Revolution Guards Corps commander added, "Our enemies intend to isolate us like an island but today the page has turned and Americans themselves are being gradually isolated, as even their traditional allies" are distancing themselves from the U.S.

The deal had seen most global financial and economic sanctions on Iran lifted in return for Tehran curbing its disputed nuclear activity under United Nations surveillance. He said what he called "the terror regime" in Tehran must change its ways.

Israel's defense minister is welcoming newly restored USA sanctions against Iran, saying they will deal a "critical blow" to Iran's military presence around the Middle East.

Speaking at a daily news briefing in Beijing, Foreign Ministry spokeswoman Hua Chunying did not directly comment on whether China had been granted exemption from the Iran sanctions by the United States.

"We are in a situation of economic war, confronting a bullying power".

"Constantly they are sending us messages saying, 'Let's sit and negotiate.' Negotiations for what?" said Mr Rouhani.

"The maximum pressure exerted by the United States is only going to mount from here".

"We are in the war situation", he said.

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