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Published: Thu, August 09, 2018
Global Media | By Abel Hampton

Iran sanctions: U.S. can't stop our oil exports, says minister

Iran sanctions: U.S. can't stop our oil exports, says minister

Iran has denounced as "U.S. unilateralism" the reimposition of sanctions in line with Trump's decision to pull out of the agreement over Iran's nuclear program.

"With regard to our situation do not be anxious at all".

Iranian President Hassan Rouhani, speaking in a meeting with North Korea's foreign minister, said that America could not be trusted, according to the Islamic Republic News Agency.

And though Iran has announced a show-of-force military exercise in apparent response to a new round of U.S. sanctions that went into effect Tuesday, calm continues to prevail on the waters, the commander of U.S. Central Command told reporters at the Pentagon on Wednesday.

Rouhani claimed President Trump's exit from the nuclear deal revealed what he calls "America's lack of commitment to worldwide obligations".

The US has recently impose crippling sanctions on both countries in respect of their nuclear programmes.

But the second tranche of sanctions, which kicks in on November 5 and targets Iran's vital oil sector, could be far more damaging - even if several key customers such as China, India and Turkey have refused to significantly cut their purchases.

Earlier this year, US military commanders in the Middle East were puzzled to note that a risky trend of Iranian small boats harassing Navy vessels in the Persian Gulf had suddenly and unexpectedly come to a halt.

Noting Iran's geographic proximity to Europe, Maas warned that 'anyone who's hoping for regime change must not forget that whatever follows could bring us much bigger problems'.

"The U.S.is considered an uncertain and unaccountable country in the world that does not comply with its commitments", he said.

Turkey, however, said it would continue to buy natural gas from Iran.

Iran's foreign minister has said the United States will not be able to prevent the country from exporting oil.

"NEVER, EVER THREATEN THE UNITED STATES AGAIN OR YOU WILL SUFFER CONSEQUENCES THE LIKES OF WHICH FEW THROUGHOUT HISTORY HAVE EVER SUFFERED BEFORE", Trump wrote.

His visit to Iran is the first by a high-ranking DPRK delegation since August previous year, when President of the Presidium of the Supreme People's Assembly Kim Yong Nam and vice foreign minister Choe Hui Chol spent several days in the country.

The Iranian rial fell to a record low late last month, dropping in value by half since April, leading to sharp price increases and fast-rising inflation. But Rouhani on Monday said there could be no talks as long as Washington was reneging on the deal.

"If you stab someone with a knife and then you say you want talks, then the first thing you have to do is remove the knife", Rouhani said in a speech broadcast live on state television.

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