Iran’s Rouhani seeks to downplay impact of US oil sanctions
TEHRAN, Iran — Iran’s president tries to downplay US sanctions targeting the country’s vital oil and gas sector that are set to be restored next month.
Speaking in Tehran University to mark the start of the academic year, Hassan Rouhani says the Novenber 4 sanctions “will have no effect,” because “the US has already done whatever it wanted to do.”
US President Donald Trump’s administration has been steadily restoring sanctions on Iran since he withdrew from the 2015 nuclear accord in May. Iran has been grappling with an economic crisis in recent months, with its currency plunging to historic lows and sporadic protests breaking out.
The US has said it will press other countries to halt imports of Iranian oil, which would cut off a key source of revenue for Tehran.
Rouhani says the current US administration is the “most hostile” ever toward Iran, but that his country will overcome the sanctions through “unity and integrity.” He says his administration has allocated some $15 billion to purchase basic goods in the current Iranian year, which ends next March.
Rouhani says the US sanctions are aimed at “regime change.” The Trump administration insists its aim is not to overthrow the Iranian government, but to pressure it to radically alter its policies, including its development of ballistic missiles and support for regional militant groups.
— AP
Iranian President Hassan Rouhani speaks during a press conference in New York on September 26, 2018, on the sidelines of the United Nations General Assembly (AFP Photo/Jim Watson)