Iran is not going to stop exporting oil even after the reinstatement of sanctions by the U.S. Iran’s President Hassan Rouhani said that America’s efforts of cutting down on oil sale of Iran will not affect them as the Islamic Republic will continue selling oil and break sanctions.
The country has planned to cut down the plans of Washington for placing sanctions on the banking and energy sector of the country. U.S. imposed more sanctions on Tehran when President Trump withdrew from the Joint Comprehensive Plan of Action (JCPOA) for the nuclear program of Iran in the month of May and said that the defective was completely defective.
The Washington officials also made t clear that their main goal was elimination of the oil exports from Iran. This was also made clear from the restrictions placed on imports from Iranian oil and the re-imposition of restrictions on oil sales.
In august, the first round of sanctions were placed by the U.S. on Iran and the second round came into force in November. This is the final deadline by President Trump for ceasing all dealing with Iran. However, eight countries were promised a waiver from this deadline giving them more time to reduce the oil purchases from Iran.
Mike Pompeo, the US Secretary of State, said that these restrictive measures are the toughest sanctions that are ever placed on the Islamic Republic. The U.S. is confident that the restrictive sanctions will be successful in achieving its motive of restricting oil trade from Iran.
Tehran, on the other hand, is not at all deterred by the sanctions placed on it by the U.S. It will defy all the restrictions placed on them and continue selling oil. Tehran claims that this move is a political bluff and will not stop them.
Source: RT, Times Headline
