News World Rouhani says new U.S. sanctions have no effect on Iran economy

Rouhani says new U.S. sanctions have no effect on Iran economy

Iranian President Hassan Rouhani said on Saturday that U.S. sanctions announced last week have had no effect on Iran’s economy because Washington had already practically reimposed them earlier.

The restoration of sanctions is part of a wider effort by U.S. President Donald Trump to force Iran to curb its nuclear and missile programs as well as its support for proxy forces in Yemen, Syria, Lebanon and other parts of the Middle East.

“The sanctions have had no impact on our economy because America had already used all the weapons at its disposal and there was nothing new to use against us,” Rouhani said in remarks carried live on state television.

“They just issued a long list of banks, their branches … and airlines and their planes. And this shows that they are merely trying to affect the Iranian nation psychologically,” Rouhani said.

The United States said it would temporarily allow eight importers to keep buying Iranian oil when it reimposed sanctions last Monday aimed at forcing Tehran to curb its nuclear, missile and regional activities.

“It has now become clear that America cannot cut Iran’s oil exports to zero,” Rouhani added, speaking after a weekly meeting with the heads of the parliament and the judiciary.

In May, Trump exited Iran’s 2015 nuclear deal with six powers and Washington reimposed a first round of sanctions on Iran in August.

(Reuters)

Top Stories

Charles Michel tells Anastasiades he monitors regional developments closely

President of the European Council Charles Michel told Nicos Anastasiades the President of Cyprus that he is monitoring the situation in the region closely...

US Senators urge Pompeo to tell Turkey to cease provocations in East Med

US Senators and co-chairs of the Congressional Hellenic Israel Alliance Ted Deutch and Gus Bilirakis have urged Secretary of State Mike Pompeo to make...

Trump ignores reporter who asked if he regrets ‘all the lying’

U.S. President Donald Trump on Thursday ignored a question by a reporter during a White House briefing who asked if he regretted all the...

Paphos: Pedestrian hit by a car in critical condition

A pedestrian trying to cross the coastal Avenue Tombs of the Kings in Paphos on Thursday at 20:30 was dragged by a car driven...

Erdogan warns of ‘dire’ consequences if Oruc Reis is attacked

Turkey’s navy is escorting the Oruc Reis drilling rig in the Eastern Mediterranean as the country’s president on Thursday warned of the ‘dire’ consequences...

Taste

Octopus ‘Kathisto’ (or Octopus braised in Wine)

Ingredients: 1/2 cup Greek extra virgin olive oil 2 medium onions, chopped fine 1 large octopus, about 2kg (cleaned and kept whole) 3/4 cup dry red wine 1/3 cup...

Homemade lemonade

Ingredients: 1 cup lemon juice 1 cup sugar Method: Thoroughly wash the lemons with soap and warm water. Roll each lemon with the palm of your hand, pressing...

‘Striftaria’ mini cheese pies

Ingredients 1 ½ cup milk 2 tbsps. flour 4 tsps. of butter 3 eggs, slightly beaten + 1 extra with 1 tbs. of milk for spreading 1 pack of...

Mini potato canapes baked on salt

Ingredients Serves: 12 1kg small Cypriot potatoes rock salt, as needed 250g salted butter 300ml full fat cremé frâiche 1 pot cod or salmon roe Method Prep:20min › Cook:35min › Ready in:55min Take...