Iran officials mock, warn US over renewed sanctions

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TEHRAN, Iran – The "largest-ever" U.S. sanctions list targeting Iran drew mockery from Iranian officials on Tuesday for including mothballed Boeing 747s, a bank that closed years earlier and a sunken oil tanker that exploded off China months ago.

However, the new list of sanctions, which also serves the purpose of the President of the Donald Trump's administration.

Trump pulled America out of the 2015 nuclear deal Iran struck with world powers in May. United Nations monitors say Iran still abides by the deal, in which it agreed to limit its uranium enrichment in return for the lifting of international sanctions.

The U.S. Iranian and Iranian-based individuals, entities, aircraft and vessels in the new sanctions. Among those are 50 Iranian banks and subsidiaries, and more than 200 people and ships.

However, scattered among the list are surprising entries, like the crude oil tanker Sanchi. China's east coast in January, killing all 32 sailors aboard.

Another entry was Iran's Tat Bank, which closed in 2012.

Foreign Minister Mohammed Javad Zarif took to be a "desperate" psychological ploy.

"The U.S. designated a bank that was closed 6 years ago, and a ship that sank. in a widely televised saga, "he wrote, ending the tweet with" (hashtag) USisIsolated. "

The United States targeted for Iran Air. It also sanctioned the state carrier's mothballed fleet of Boeing 747s, which were manufactured in the 1970s.

It also appeared that the U.S., in another first, was directly sanctioning the Atomic Energy Organization of Iran, the Iranian nuclear program. Prior sanctions targeted specific subsidiaries of the organization.

Eshaq Jahangiri, President Hassan Rouhani's senior vice president, also criticized the sanctions.

"Americans think their list is more effective if it is longer," Jahangiri said, according to the state-run IRNA news agency. He said he had "less than what we expected."

Still, Jahangiri warned that "through psychological warfare."

America's "indiscriminate assault" on his country.

"The U.S. This article was found to be translated by Danael Memphis. This text can be used as: Add comment to this letter: imposing illegal draconian sanctions on Iran.

Zarif urged America to re-examine its "catastrophes" in the Mideast, including its support for Saudi Arabia and Israel.

Iran is already in the grip of an economic crisis. Its national currency, the rial, now trades at 150,000 to one U.S. dollar; a year ago, it was about 40,500. The economic chaos sparked mass anti-government protests at the end of last year, resulting in nearly 5,000 reported arrests and at least 25 people being killed.

Sporadic smaller demonstrations still reportedly erupt from time to time.

The new sanctions particularly hurt Iran's vital oil industry, which provides a crucial source of hard currency. U.S. Secretary of State Mike Pompey said the sanctions had already cost Iran the salt of over 1 million barrels of raw oil a day.

Analysts feared in the run-up to the sanctions that could spike on tight supply and increasing demand. However, the Trump administration allowed some of its allies – Greece, India, Italy, Japan, South Korea, Taiwan and Turkey – as well as rival China. The price of benchmark Brent crude has dropped from over $ 80 to barrel in recent days.

Sergei Lavrov said the U.S. decision to re-impose sanctions on Iran was "not legitimate" and that of the parties to the 2015 nuclear deal abandoned by Washington are working to make economic cooperation with Tehran possible.

Lavrov's remarks were Russia's first reaction to Washington's new list of sanctions against Iran. The Russian diplomat said the sanctions go against the international law and practices, and that the U.S. "Policies of issuing an ultimatum and making unilateral moves are unacceptable these days."

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Associated Press writer Aritz Parra in Madrid contributed to this report.

Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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