Iranians Condemn US Arrogant Policies in Nationwide Rallies

Iranians Condemn US Arrogant Policies in Nationwide Rallies

Iranians Condemn US Arrogant Policies in Nationwide Rallies

The sanctions target Iran's energy, financial and shipping sectors and are aimed at crippling the country's economy following US President Donald Trump's withdrawal from the 2015 nuclear deal.

Iran won't be able to get paid for its oil without the payments going through this network, even if countries agree to bypass the US sanctions.

The rollout was the largest ever single-day action targeting the Iranian regime and a crucial step in President Trump's pullout from the Iran nuclear deal that was announced in May. "Watch as we've already taken more crude oil off the market than any time in previous history", he told CBS's Face the Nation on Sunday.

Rouhani pledged to government officials in comments aired on state TV that Iran would overcome the sanctions.

And Pompeo said that any Iranian banks involved in "sanctionable behaviour will be sanctioned by the Department of Treasury, period, full stop".

Secretary of State Mike Pompeo and Treasury Secretary Steven Mnuchin are due to provide more details about the sanctions at a morning news conference.

Another signatory to the nuclear deal, China, has said it regrets the the re-imposition of sanctions and that its lawful trade with Iran should be respected.

"The Islamic Republic of Iran can and will sell its oil", said Rouhani, adding "even if these eight countries had not received exemptions, we would still sell our oil".

Rallies at which demonstrators loyal to the hardline Iranian regime chant "death to America" or "death to Israel" in English are frequent, but analysts say they have recently been fuelled by Mr Trump's plans to reimpose sanctions.

This means that significant parts of Iran's civilian nuclear program were effectively given a waiver from the U.S. sanctions, imposed on Monday as part of Washington's withdrawal from the 2015 Joint Comprehensive Plan of Action (JCPOA) nuclear deal.

Iran on Monday urged the United Nations to hold the United States accountable for reimposing sanctions on Tehran, branding the measures illegal and in violation of a Security Council resolution. Iran denies the allegations. They are the strongest sanctions we've ever imposed.

Hours before the fresh sanctions went ahead, thousands of people in Iran marked the anniversary of the 1979 hostage-taking at the U.S. embassy by carrying placards mocking Trump and burning American flags and fake dollars.

He hammered the Iran nuclear deal on the campaign trail, and rebuffed pleas by Mrs May and other world leaders to stick to it once in power. "The sanctions are truly coming", Netanyahu said.

"America has launched an economic and psychological war as a last resort".

Pompeo also said economic sanctions on North Korea won't be lifted until the country completely ends its nuclear program in a verifiable fashion.

Diplomats told Reuters last month that a new European Union mechanism to facilitate payments for Iranian oil exports should be legally in place by November 4 but not operational until early next year.

"President Trump's bold decision is the sea-change the Middle East has been waiting for", Israeli Defence Minister Avigdor Lieberman said in a statement.

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