Monday May 12, 2025
HE
NEWSLETTER
www.israelhayom.com
  • Home
  • News
    • Gaza War
    • US Election Coverage
    • Middle East
    • Cyber & Internet
    • Business & Finance
  • Opinions
  • Jewish World
    • Archaeology
    • Antisemitism
  • Lifestyle
    • Food
    • Travel
    • Fashion
    • Culture
  • Magazine
    • Feature
    • Analysis
    • Explainer
  • In Memoriam
www.israelhayom.com
  • Home
  • News
    • Gaza War
    • US Election Coverage
    • Middle East
    • Cyber & Internet
    • Business & Finance
  • Opinions
  • Jewish World
    • Archaeology
    • Antisemitism
  • Lifestyle
    • Food
    • Travel
    • Fashion
    • Culture
  • Magazine
    • Feature
    • Analysis
    • Explainer
  • In Memoriam
www.israelhayom.com
Home News World News

New US sanctions have no effect on Iran's economy, leader says

"The sanctions have had no impact on our economy because America had already used all the weapons at its disposal and there is nothing new to use against us," Rouhani says.

by  Reuters and Israel Hayom Staff
Published on  11-11-2018 00:00
Last modified: 06-10-2019 09:03
Iran threatens to reduce cooperation with UN nuclear watchdog

Iranian President Hassan Rouhani

Share on FacebookShare on Twitter

Iranian President Hassan Rouhani said on Saturday that U.S. sanctions announced last week have had no effect on Iran's economy because Washington had already practically reimposed them earlier.

The restoration of sanctions is part of a wider effort by U.S. President Donald Trump to force Iran to curb its nuclear and missile programs as well as its support for proxy forces in Yemen, Syria, Lebanon and other parts of the Middle East.

"The sanctions have had no impact on our economy because America had already used all the weapons at its disposal and there is nothing new to use against us," Rouhani said in remarks carried live on state television.

"They just issued a long list of banks, their branches ... and airlines and their planes. And this shows that they are merely trying to affect the Iranian nation psychologically," Rouhani said.

The United States said it would temporarily allow eight importers to keep buying Iranian oil when it reimposed sanctions last Monday aimed at forcing Tehran to curb its nuclear, missile and regional activities.

"It has now become clear that America cannot cut Iran's oil exports to zero," Rouhani added, speaking after a weekly meeting with the heads of the parliament and the judiciary.

In May, Trump exited Iran's 2015 nuclear deal with six powers and Washington reimposed the first round of sanctions on Iran in August.

On Friday, U.S. Secretary of State Mike Pompeo said his country hopes to work with China on sanctions imposed on Iran, telling a press conference that during an earlier meeting with his Chinese counterparts he expressed a desire to cooperate with China in addressing Iran's nuclear missile programs and other activities.

"We hope to work with the Chinese government and Chinese energy companies in this regard," Pompeo said. "Bringing Iran's oil export revenues to zero is a critical component of this campaign and we discussed this today."

Tags: ChinaIrannuclear programPompeoRouhaniU.S. sanctions

Related Posts

'Visited 700 times': White House signals fatigue with NetanyahuMiriam Alster/Flash90, Reuters/Leah Millis

'Visited 700 times': White House signals fatigue with Netanyahu

by Erez Linn

Israeli leader won't receive a face-to-face with Trump during regional tour, with a senior White House official telling the Washington...

Israeli athlete excluded from US team after coach invites Palestinian swimmerSt. Thomas Athletics/Social media

Israeli athlete excluded from US team after coach invites Palestinian swimmer

by Oren Aharoni

An Israeli swimmer at Saint Thomas University in Florida claims he was excluded from participation in the championship after complaining...

Trump offers 30-day Ukraine-Russia unconditional ceasefireAP/Aurelien Morissard, left and center, Pavel Bednyakov, right

Trump offers 30-day Ukraine-Russia unconditional ceasefire

by Miri Weissman

Trump threatened, "If the ceasefire is not respected, the US and its partners will impose further sanctions."

Menu

Analysis 

Archaeology

Blogpost

Business & Finance

Culture

Exclusive

Explainer

Environment

 

Features

Health

In Brief

Jewish World

Judea and Samaria

Lifestyle

Cyber & Internet

Sports

 

Diplomacy 

Iran & The Gulf

Gaza Strip

Politics

Shopping

Terms of use

Privacy Policy

Submissions

Contact Us

About Us

The first issue of Israel Hayom appeared on July 30, 2007. Israel Hayom was founded on the belief that the Israeli public deserves better, more balanced and more accurate journalism. Journalism that speaks, not shouts. Journalism of a different kind. And free of charge.

All rights reserved to Israel Hayom

Hosted by sPD.co.il

  • Home
  • News
    • Gaza War
    • US Election Coverage
    • Middle East
    • Cyber & Internet
    • Business & Finance
    • Sports
  • Opinions
  • Jewish World
    • Archaeology
    • Antisemitism
  • Lifestyle
    • Food
    • Travel
    • Fashion
    • Culture
  • Magazine
    • Feature
    • Analysis
    • Explainer
    • Environment & Wildlife
    • Health & Wellness
  • In Memoriam
  • Subscribe to Newsletter
  • Submit your opinion
  • Terms and conditions

All rights reserved to Israel Hayom

Hosted by sPD.co.il

Newsletter

[contact-form-7 id=”508379″ html_id=”isrh_form_Newsletter_en” title=”newsletter_subscribe”]

  • Home
  • News
    • Gaza War
    • US Election Coverage
    • Middle East
    • Cyber & Internet
    • Business & Finance
    • Sports
  • Opinions
  • Jewish World
    • Archaeology
    • Antisemitism
  • Lifestyle
    • Food
    • Travel
    • Fashion
    • Culture
  • Magazine
    • Feature
    • Analysis
    • Explainer
    • Environment & Wildlife
    • Health & Wellness
  • In Memoriam
  • Subscribe to Newsletter
  • Submit your opinion
  • Terms and conditions

All rights reserved to Israel Hayom

Hosted by sPD.co.il