Published: Wed, November 07, 2018
Business | By Tara Barton

"Iran will bypass illegal" United States sanctions - Rouhani


"Eight countries will receive sanctions waivers, however, including four of Iran's top oil consumers: India, China, South Korea and Japan", the Jerusalem Post acknowledges, referring to the new US restrictions.

Monday's action brings to more than 900 the number of Iranian entities sanctioned by the Trump administration in almost two years. "If they try to evade our sanctions, we will take actions to obstruct their activity time and time again".

Iranian state television aired footage of air defence systems and anti-aircraft batteries in two-day military manoeuvres which got under way across a vast stretch of the country's north.

Sajjadpour said that a "political civil war" was under way in the usa between an internationalist school of thought and supporters of Trump asserting a new and "narrow-minded definition of American nationalism which negates the interests of the rest of the world".

In May, Trump unilaterally withdrew his country from the 2015 landmark nuclear deal signed between Iran and the P5+1 group of nations - the five permanent U.N. Security Council members U.S., Russia, China, Britain and France plus Germany.

"We are standing up to a bullying enemy", said Iranian President Hassan Rouhani.

Industry estimates suggest Iran's oil exports have in fact fallen by 40-60 percent since Trump said in May that he would reimpose sanctions, but 180-day exemptions for Iran's biggest oil clients could mean they rise again after November.

Turkey is one of the key destinations for Iranian crude, accounting for more than a quarter of Turkey's daily average imports of around 830,000 barrels, according to data from the market regulator.

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Haylee's father died when she was 3, Schneider said. "And Sara would've never been able to come back from losing Haylee". Schneider said her daughter's "favorite time with her kids was all in their jammies, curled up to watch a movie".

"(We explained to the U.S. that) if South Korean firms are hit due to the sanctions against Iran, it would pose a problem to the nation's economy", said an official from the Foreign Ministry on condition of anonymity.

Also speaking of the issue, Treasury and Finance Minister Berat Albayrak said Iran is an important country in terms of energy.

Trump's moves target Iran's main source of revenue, its oil exports, as well as its financial sector. "The policy announced today will lock in the nuclear deal under Trump's watch". "We are watching the Iranian regime with laser focus".

These concessions, first reported last week by the Washington Free Beacon and subsequently confirmed by numerous publications, have riled Iran hawks on Capitol Hill and elsewhere who have long fought to close all existing loopholes in US sanctions.

Iran, he said, has been able to sell as much oil as it needs despite USA pressure.

Countries that continue to import Iranian oil and do not have a USA waiver risk U.S. sanctions forbidding Americans from doing business with their companies and cutting off access to the United States financial system.

"The implementation of a maximum pressure, full economic blockade on Iran is the only way to force the regime to change its malignant behavior", United Against Nuclear Iran (UANI) Chairman Sen. "We must resist and win", he said.

"In close coordination with our European partners, we are monitoring developments and examining options on how to protect the economic basis of this agreement and protect our companies", government spokesman Steffen Seibert said. All of them lobbied heavily to be granted the six-month exemptions while promising to further reduce or end their imports and Secretary of State Mike Pompeo said the waivers were based on the specific circumstances of each and the need "to ensure a well-supplied oil market".

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