Iran President Hassan Rouhani says new US sanctions have no effect on economy

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

Iranian President Hassan Rouhani said on Saturday that US 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 US President Donald Tru.



“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 the first round of sanctions on Iran in August.

Newsletter

These images show the Sun’s surface in greater detail than ever before

On Wednesday, astronomers released what they said were the most detailed images ever taken of the surface of our sun. As...

Magnitude 7.7 quake hits between Cuba and Jamaica, but no injuries

A powerful magnitude 7.7 earthquake struck in the Caribbean Sea between Jamaica and eastern Cuba on Tuesday, shaking a v...

US House passes bill on sanctions against Chinese officials for meddling in Dalai Lama’s succession

The US House of Representatives has passed a bill that authorises financial and travel sanctions against Chinese officia...

Squid Brains Are Nearly as Complex as Dog Brains, Researchers Claim

We all know that cephalopods are wicked smart, and their complex nerve systems go some way to explain their aptitudes. N...

Four Japanese evacuees from Wuhan taken to hospital with fevers

Japanese officials say four evacuees on a flight from the Chinese city of Wuhan have a cough and fever. Tokyo Metropolit...

US military recovers remains from Afghanistan plane crash

The United States on Tuesday recovered the remains of two personnel from a US military aircraft that crashed in Afghanis...