Iran president warns of ‘war situation’ as sanctions resume

Iran president warns of ‘war situation’ as sanctions resume

Iran president warns of ‘war situation’ as sanctions resume

US President Donald Trump's administration reinstated all sanctions removed under the 2015 nuclear deal, targeting both Iran and states that trade with it, reports the BBC.

Rouhani said the European Union has stood against the us violation of the nuclear agreement which is a "success of diplomacy" for Iran.

China says it is conducting normal cooperation with Iran within framework of global law.

The pressure group United Against Nuclear Iran, led in part by former Senator Joe Lieberman, lashed about the waivers, tweeting on Friday that the administration had "caved". "We're working with other countries to get alternative supplies for countries that are buying and I think that's critical over an extended period of time", he said.

Meanwhile, Iranian state television aired footage of air defense systems that are involved in two-day military maneuvers across northern Iran.

"They're the strongest sanctions we've ever imposed", said President Donald Trump en route to a rally in Georgia on Sunday evening, hours before the sanctions on Iran's energy, shipbuilding and banking sectors kicked in at midnight.

In the capital city of Tehran, the rally was held at the venue of the former United States embassy, which is known by Iranians as the "Den of Espionage".

In addition, Pompeo said the United States has granted waivers to continue three nonproliferation projects that provide oversight on Iran's nuclear programme.

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Hardline students stormed the embassy on November 4, 1979, soon after the fall of the USA -backed shah, and 52 Americans were held hostage there for 444 days.

South Korea said on Monday it had been granted a waiver, at least temporarily, to import condensate, a super-light form of crude oil, from Iran.

Speaking in a meeting with the deputies and managers of the Ministry of Economic Affairs and Finance on Monday, Iranian President Hassan Rouhani said while in NY for the UN General Assembly session, leaders of four major countries approached him to offer to mediate on his meeting with US President Donald Trump.

What the sanctions target: Monday's measures completely restore all the U.S. sanctions that were lifted under the Iran nuclear deal. Iran denies the allegations. "If they try to evade our sanctions, we will take actions to obstruct their activity time and time again".

The most significant of the new measures is a prohibition against oil and gas sales, which provide the Iranian Government with 80 per cent of its total revenue. Meanwhile, global economic slowdown concerns combined with mounting concerns over rising crude output from the world's top 3 oil producers, Russia, the USA and Saudi Arabia, also added to the weight on the commodity.

"We are in the war situation", Rouhani said. "We have to stand to win". The legislation also implies that European courts could nullify USA decisions regarding sanctions.

The move is part of a wider effort by Trump to force Iran to further limit its nuclear work and halt a missile programme, as well as end its support for proxy forces in Yemen, Syria, Lebanon and other parts of the Middle East.

"In general, one can say that the interests of nuclear nonproliferation are not placed in the hierarchy of Washington's foreign policy priorities as high as it is declared, otherwise the United States would not have acted so irresponsibly and defiantly", he concluded.

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