U.S. and Iranian leaders set for showdown at United Nations

“Iran will not abandon its defensive weapons... including its missiles that make America so angry,” Rouhani said

"South Korea was the first country to halt Iran's oil imports following the USA sanction threats against the country", Kasra Nouri, the public relation manager of the ministry, was quoted as saying by SHANA news agency.

Iranian President Hassan Rouhani Monday ridiculed the Trump administration's plan for strict US sanctions against his country set to start in November, calling the threat nothing more than an "empty promise" that won't work. The White House also threatened secondary sanctions on any countries or companies that conduct transactions with Iran. "To act under the command of the supreme leader and remain united".

European Union's Foreign Policy Chief Federica Mogherini and Iranian Foreign Minister Mohammad Javad Zarif held a joint press conference on Monday night (New York local time) to elaborate on the results of a meeting between the remaining parties of JCPOA, namely France, the UK, Germany, Russia, China, and Iran. Economic pressure would not force Tehran to the negotiating table, Rouhani said.

Trump pulled out of the agreement in May, describing it as a "disaster" and quickly moving to reimpose sanctions on Iran.

The value of Iran's currency, the rial, has been damaged by the new USA policy.

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Iran's Ministry of Petroleum confirmed on Sunday that South Korea has halted oil imports from the Islamic republic. "America will suffer the same fate as Saddam Hussein", he said, according to Reuters.

On Thursday, Trump called on OPEC to lower prices, after benchmark Brent oil reached $80 a barrel, mainly stemming from a decline in exports from Iran, because of fresh US sanctions.

Iran has threatened to withdraw from the nuclear accord unless European nations move to neutralize the consequences of Washington's exit.

It's unclear, however, how much other countries will cut back on Iranian oil imports.

The Joint Comprehensive Plan of action, as the nuclear deal is officially known, was negotiated during the United States presidency of Barack Obama.

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