Iran isn’t afraid of new U.S. sanctions on energy, banking sectors

Iran said it does not fear the impending U.S. sanctions that are set to go into effect next week. Iranian President Hassan Rouhani made the comments Wednesday. The leader said it’s possible Iran will face more difficult times ahead, but asserted that the government will use all its power to reduce any problems.

Rouhani pushed back against the upcoming sanctions, claiming America will reveal itself as guilty of unlawful actions in just a few days.

“November 4 sees a new injustice from the Americans, but our nation has always stood strong and on November 4 it will stand strong again,” stated the Iranian president. “The people of Iran should know with certainty that the government has no fear of the new American threats.”

 

Iranian President Hassan Rouhani speaks during parliament’s open session on confidence vote for four new ministers, in Tehran, Iran, Saturday, Oct. 27, 2018. Rouhani urged Parliament to approve four new ministers and help his government “resist” and “fight” the U.S. as it reinstates sanctions against the Islamic Republic. (AP Photo/Ebrahim Noroozi)

His comments come just one day after the country’s foreign minister said U.S. sanctions will have “severe consequences.”

Washington reimposed sanctions on Tehran after President Trump pulled out of the Iran Nuclear Deal earlier this year. Since then, the Iranian rial hit record lows against the U.S. dollar.

The U.S. is set to impose more sanctions on Iran, specifically the banking and energy sectors, which will be in effect starting Monday.

OANN