Iran will sell oil, break US sanctions, President Rouhani says

Khamenei was speaking on the eve of the anniversary of the 1979 takeover of the US embassy in Tehran

India and South Korea do not border Iran, but they both rely heavily on its oil and they are important countries to overall United States interests. However, Mr. Trump's personal lawyer Rudy Giuliani and John Bolton, the President's national security adviser, both have made public statements supporting overthrowing Iran's theocratic government.

There are a lot of experts, Chris, that said President Trump's policy wouldn't have any impact because it was just the United States, and other countries weren't participating.

Pompeo said earlier on CBS' "Face the Nation" that he was "confident" Iran would not restart its nuclear program with the USA withdrawing from the deal.

"We will, we expect, have reduced Iranian crude oil exports by more than 1 million barrels even before these sanctions go into effect", he added.

A first set of sanctions announced 7 August prompted European automakers Daimler and PSA to quit Iran.

The sanctions end all the economic benefits America granted Tehran for its 2015 nuclear deal with world powers, though Iran for now continues to abide by the accord that saw it limit its enrichment of uranium. "Over this 180-day wind-down period, what we have seen is firms and financial institutions have reacted very quickly; likely they had plans on the shelf as there was a snap-back scenario".

Mr Pompeo said more than 100 big worldwide companies had withdrawn from Iran because of the looming sanctions.

In addition, the Brussels-based Swift network for making worldwide payments is expected to cut off links with targeted Iranian institutions, isolating Iran from the global financial system. However, he confirmed that eight countries had permission to keep buying Iranian oil for the time being, despite earlier threats of a tough line.

More news: Trump 'Misappropriated' 'Game of Thrones' with Iran Sanctions Poster — HBO

The UK, Germany and France - which are among the five countries still committed to the nuclear pact - have all objected to the sanctions.

Crowds of Iranians called for "Death to Israel" and "Down to U.S." in a rally to mark the 39th anniversary of the U.S. Embassy in Tehran.

Bloomberg News reported that China was negotiating to continue purchasing Iranian oil under an SRE, and that similar agreements were already reached with Japan, India, and South Korea (citing a senior administration official and other anonymous sources). "The goal 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".

A woman holds a picture of Ayatollah Khamenei, Iran's supreme leader.

Iranian students stormed the embassy shortly after the 1979 Islamic Revolution, taking 52 Americans hostage for 444 days.

Mr Rouhani said: "Today, Iran is able to sell its oil and it will sell".

Hardliners hold protests to commemorate the siege every year but on Sunday, protesters also vented their fury about the sanctions.

Related News:



Most liked

Egypt: Police kill 19 jihadists over Copt pilgrim attack
He said he was praying for the "pilgrims killed for the sole fact of being Christians", asking that those grieving be comforted. Security forces recovered weapons including automatic and semi-automatic rifles, shotguns and ammunition, the ministry said.

Floyd Mayweather Jr. schedules bout in Rizin Fighting Federation
Rizin's partnership with Mayweather and his The Money Team brand appears to go beyond this fight, but is unclear in its extent. He has made an undefeated career out of having fights play out according to his demands.

Saints vs. Vikings odds, line
Diggs, who had 10 catches for 119 yards Sunday, could play a role in another National Football League record involving Thielen. Moreover, they are typically a solid home bet at home under head coach Mike Zimmer, going 25-11 against the spread.

Petrol-diesel prices today witness a great cut
There has been a consistent dip in the fuel prices due to a fall in crude oil price over a period of time. Hence there is a price cut of Rs 0.19/litre and 0.12/litre in petrol and diesel respectively.

Deadpool Star Ryan Reynolds Savagely Trolls Hugh Jackman With Hilarious Video
The man is one of the best at trolling his fellow celebs and he holds back for absolutely no one - including his own wife . The Australian actor shared an Instagram video showing him scoop his dog's poop from a photo of Reynolds as Deadpool .

Eyeless Congressional Candidate Isn’t Thrilled With Pete Davidson’s SNL Jokes
John McCain was "not a war hero", although McCain spent years as a prisoner in Vietnam. Andrew Cuomo, a Democrat, "so I look fair", he said .

Man United making life hard for themselves - Herrera
In the second half Mourinho's men upped the tempo and after substitutes , Ander Herrera and Marcus Rashford entered proceedings. United next turn their attention back to the Champions League as they travel to Serie A giants Juventus on November 7.

One dead after 2 planes crash in Ottawa
Police said one of the aircraft crashed into a field near McGee Side Road just east of the 417 in Carp in rural west Ottawa . The Transportation Safety Board (TSB) of Canada says the aircraft that landed at the airport only sustained minor damage.

Where to find and play Fortnite's sheet music
This sounds straightforward enough, but combined with the pickaxe damage challenge, this is chaotic as all hell. There are three houses on the north side of town, and players will want to visit the house in the middle.

United States wage growth hits nine-year high
If individual workers don't produce more, it is hard for employers to justify pay increases that exceed price increases. President Donald Trump celebrated the figures on Twitter as "incredible" and urged his followers to "Vote Republican".

Pope expresses ‘pain’ over attack on Coptic Christians
He said he was praying for the "pilgrims killed for the sole fact of being Christians", asking that those grieving be comforted. Islamic State has claimed responsibility for the attack on the Christians, but has not provided any evidence.

Angela Simmons' Ex-Fiancé Allegedly Shot and Killed in His Home
Regardless, Simmons is clearly hurting in the wake of her loss - she and Tennyson have a two-year-old son, Sutton Jr . He was shot multiple times around 4:30 PM in the garage of a building located in the 600 block of Jewel Drive SW.

Sophie, Maisie slam Trump for ‘Game of Thrones’-inspired tweet
Maisie Williams , who plays Arya Stark on the show, was also quick to comment, tweeting " Not today ". Perhaps Trump is unaware that " Game of Thrones " has been one of Barack Obama's favorites.

Farrell still in limbo over Twickenham tackle
The Springboks suffered a setback when lock Eben Etzebeth limped off early in the second half. It's a tight call but felt there was something there not to decide a Test match on.

Dortmund: Jadon Sancho not for Sale
Cape Town - Borussia Dortmund coach Lucien Favre is struggling to contain his excitement over the development of Jadon Sancho . He is only 18 and already in the England senior team.