Iran FM says Trump, Mohammed Bin Salman, Netanyahu are ‘isolated’

Leroy Wright
August 7, 2018

More U.S. sanctions targeting Iran's oil sector and central bank are to be reimposed in early November.

He said Iran had "always welcomed negotiations" but that Washington would first have to demonstrate it can be trusted.

Iranian President Hassan Rouhani reportedly said during an interview on state television just before the sanctions were reimposed that he would welcome talks with the US without preconditions. USA imports of food and carpets from Iran are also restricted.

The second phase of USA sanctions, which takes effect November 5 and will block Iran's oil sales, is due to cause more damage, though several countries including China, India and Turkey have indicated they are not willing to entirely cut their Iranian energy purchases.

"We are determined to protect European economic operators engaged in legitimate business with Iran", she said in a statement.

The threat of sanctions has already weakened Iran's hand, one official said. The country's rial currency has tanked, and the downturn has sparked protests across the nation.

Iranians are already seeing the effects of the sanctions, with Iran's rial currency losing around half its value since Mr Trump announced the USA would withdraw from the 2015 nuclear accord.

Mr Limbert, the former US Deputy Assistant Secretary of State for Iran told BBC Radio 4 Today: "The President would like nothing more than to be involved in some grand gesture so he can claim 'I am the world's greatest negotiator and nobody else could'. We'll find out whether they are or not", he said on Fox News.

"The world has distanced itself from their hostile policies", Zarif said, adding that they "have become the symbol of mistrust in the world". "I think they are still bluffing", he said.

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Administration officials, meanwhile, pointed to Iran's ongoing civil unrest and economic woes and reiterated Trump's openness to meeting with Iranian leaders in announcing the sanctions action on Monday.

"If the ayatollahs want to get out from under the squeeze, they should come and sit down".

But experts disagree on the impact of renewed sanctions.

USA secretary of state Mike Pompeo said sanctions are an important pillar in American policy toward Iran and will remain in place until the Iranian government radically changes course.

He said the USA has long designated Iran as the world's foremost state sponsor of terrorism.

"It is a commercial decision for companies whether they continue to work in Iran". "Anyone doing business with Iran will NOT be doing business with the United States", he wrote.

Mr Taleblu expected 2019 to be the year to see the aggregated effect of the sanctions.

The European commission today put in place never-before-used legislation to protects the continent's firms from USA sanctions which not only target Tehran but their trading partners.

"Most of the companies have already made up their mind, whether it's the German Siemens, the French carmaker PSA, the Danish Maersk - all these companies that have said they don't want to risk losing access to the United States market, they don't want to risk losing access to the financing in dollars by USA banks, and also they don't want to lose their U.S. shareholders".

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