US sanctions will not force immediate crisis in Iran
US sanctions will not force immediate crisis in Iran
AFP Atta Kenare
05 November, 2018, 17:38
Rouhani insisted on state TV that Iran will "sell its oil and it will sell" despite the crippling sanctions.
The Donald Trump administration's decision to issue waivers also marked a significant reduction from the Barack Obama administration, which issued such exemptions in 2012 to 20 countries over 3 years during last sanctions.
They will hit oil exports, shipping and banks, and make it hard to do business with the oil-rich nation.
Iran's military was also quoted as saying it would hold air drills on Monday and Tuesday to prove the country's defensive capabilities. But there are doubts how successful this will be. "Alternatively, we have asked other Opec countries to help us get our requirement of crude at better terms".
The US will reimpose on Monday more sanctions lifted under a 2015 nuclear pact world powers struck with Iran.
Iran has greeted the re-imposition of U.S. sanctions with air defence drills and an acknowledgement from President Hassan Rouhani that the nation faces a "war situation".
Avigdor Lieberman said in a tweet on Monday that the Trump administration's decision to restore sanctions "is the sea change the Middle East has been waiting for". "Right now they just want to survive".
"But they're not doing very well", he said, referring to the economic setbacks the country has already faced because of an earlier round of US sanctions.
The new wave of sanctions, the second since August, will target Iran's energy, shipbuilding, shipping, and financial sectors.
Going after Iran's oil money will hit Tehran where it hurts, but it also means hitting a major pillar of the global oil market - Iran is the OPEC cartel's third-largest producer - with major consequences for world supply. "Sagging refining margins at a time of weak crude prices sends a very telling message to us that demand is underperforming", he said.
Rohani also vowed that Iran will "proudly bypass" US sanctions to sell oil. In addition to hundreds of Obama-era sanctions being reinstated, the measures kicking in on Monday also expand the range of targets for USA punishment.
How do other countries see it?
"The US - and not Iran - is isolated".
However, Iran's clerical rulers have dismissed concerns about the impact of sanctions on the economy.
On the campaign trail late on Sunday, Trump said his "maximum pressure" policy against Iran was working. "The objective of this secretive communication is to give the impression of Iran's willingness to compromise and thus prevent the further deterioration of the relationship with the U.S. lest the Iran hawks in Washington push for military action".
Thousands of protesters gathered in front of the former U.S. Embassy, burning American flags and chanting "Death to America!"
The US sanctions are timed to coincide with the siege of the US embassy on 4 November 1979, which took place soon after the fall of the US-backed shah.
It is 39 years since 52 American citizens were taken hostage and held for 444 days after hardline students stormed the United States embassy.
A Saudi national and well-known critic of Saudi rulers, Khashoggi was killed and his body dismembered on 2 October. According to the latest information, the reason why they broke up the body is to make it dissolve more easily.
Democrats are targeting four Republican House incumbents, with Lauren Underwood and Sean Casten looking to unseat GOP Reps. In Missouri, Democratic Sen. "You know what, it's an old playbook", Obama said after another protester interrupted him.
It would be fair to say, almost three months into his first season at the Emirates, that Emery has met such expectations. Arsenal began the game on top but it was Liverpool that had the ball in the back of the net on 18 minutes.
The overall current average monthly premium in DE is $750, with the average premium reduced to $223 per month after tax credit. The marketplaces were meant to help individuals and families who can not get an affordable health plan through a job.
Amazon released a statement on Saturday and said that the building would remain closed until further notice. One of the two men was found under debris and taken to a hospital, where he was pronounced dead.
It's safe to say that Callum Wilson has been one of the best performing English strikers in the Premier League this season. The team performed much better. "The two points we lost in the last minute against Chelsea, we got them back".
Earnings per share came in at $2.91, topping the average estimate of $2.79 among analysts surveyed by Zacks Investment Research. With a starting price of US$749, it's expected to be a popular holiday gift, luring owners of older iPhones to upgrade.
The billions China loaned Sri Lanka to develop the port and airport - a sign of Rajapaksa's pro-China leanings has India anxious . Sirisena summoned Parliament to meet on Nov 5, as against Nov 16 planned earlier, as pressure grows to resolve the turmoil.
Lucas Castro and Joao Pedro will be deployed further forward, looking to provide service to central striker Leonardo Pavoletti. Juventus can now turn their attentions to the Champions League and a meeting with Manchester United on Wednesday.
‘Killer shot was inevitable as tigress leapt towards us’
The Supreme Court had issued a hunting order for T1 in September, ruling that she could be killed if tranquilisers failed. A man-eater tigress Avni was killed in Yavatmal district forest of Maharashtra , news agency ANI reported.
Puel hails players after emotional Leicester win
Goals from Erik Lamela, Lucas Moura and Harry Kane appeared to put Tottenham in an unassailable position at Wolverhampton. Srivaddhanaprabha bought the club for $57 million in 2010 and it was promoted to the Premier League in 2014.
Rooney Set For England Comeback Apperance At Wembley
Roney's last England appearance came against Scotland and Hampden Park, but after the game he announced his worldwide retirement. Southgate said: "This tribute to Wayne is a unique opportunity that is befitting of our nation's record goalscorer".
'I think we'll make a deal with China'
Bloomberg reported on Monday that the Trump administration was preparing to announce tariffs on the remaining Chinese imports, about $257 billion worth, if the meeting fails to ease the U.S.
HBO Responds To President Trump's Game Of Thrones Tweets
The waivers are only temporary, and the USA will expect countries to keep cutting Iranian imports in the months ahead, it added. Unusually, Pompeo did not name the eight, other than to say the European Union is not among them.