Tehran: Iran’s President Hassan Rouhani has hit out at the United States over its reinstatement of economic sanctions.
He described the measures, which came into effect overnight, as “psychological warfare” which aimed to “sow division among Iranians”.
The sanctions take aim at various sectors, with further punitive action planned against Iran’s oil trade.
The European Union has spoken out against the measures, vowing to protect firms doing “legitimate business”.
It follows the US withdrawal from the Joint Comprehensive Plan of Action, also known as the Iran nuclear deal, earlier this year.
The deal, negotiated during the presidency of Barack Obama, saw Iran limit its controversial nuclear activities in exchange for sanctions relief.
US President Donald Trump says the deal is “one-sided” and he believes renewed economic pressure will force Iran to agree to a new deal and end its “malign” activities.
A second phase is planned to come back into effect on 5 November which will have implications for Iran’s energy and shipping sectors, petroleum trading and transactions by foreign financial institutions with the Central Bank of Iran.
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