Iran ambassador: Trump's sanctions violate United Nations security council resolution

Iran ambassador: Trump's sanctions violate United Nations security council resolution

'We are pleased to see German businesses stopping their trade with Iran, complying with USA sanctions, and helping pressure the Iranian regime back to the table, ' he tweeted.

North Korea has been pursuing its weapons programmes in defiance of UN Security Council resolutions and sanctions.

China, Iran's top oil customer, buys roughly 650,000 barrels a day of crude oil from Tehran, or seven percent of China's total crude oil imports.

The general overseeing U.S. military operations in the Middle East said Wednesday that an Iranian naval exercise around the Strait of Hormuz was meant to send a message to Washington before it reimposed sanctions on Tehran.

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Iran's currency has been in steady decline since the start of the year as the country anxiously awaits the re-imposition of full USA sanctions, trading at record lows and losing almost two-thirds of its value against the dollar.

The first wave of US sanctions targeting Iran's automotive sector as well as gold, steel, and other metals went into effect Tuesday.

Iranian President Hassan Rouhani, speaking in a meeting with North Korea's foreign minister, said that America could not be trusted, according to the Islamic Republic News Agency.

Bali natural disaster latest pictures: Latest Lombok quake spreads across Indonesia
The Indonesian island of Lombok has been hit by a strong tremor, as the search continues for victims of Sunday's quake . Journalists reporting on the aftermath of the fatal natural disaster saw people running into the streets in panic.

State energy firms CNPC and Sinopec have invested billions of dollars in key Iranian oil fields such as Yadavaran and North Azadegan and have been sending oil to China.

The US leader took to Twitter on Tuesday to issue a strong warning to anyone doing business with Iran, after he reimposed sanctions on the country.

Few American companies do much business in Iran so the impact of sanctions mainly stems from Washington's ability to block European and Asian firms from trading there.

Trump's May withdrawal from a landmark 2015 nuclear deal with Tehran had spooked investors and triggered a run on the Iranian rial long before the punishing sanctions went back into force.

This comes as the Ayatollah regime is trying to rally global support for its regional policies.

Meanwhile, Italian Foreign Minister Moavero Milanesi said that "agreements have to be respected". "Our crews that are on board our ships are well rehearsed, well prepared by the U.S. Navy when they come into our area", Votel said.

Thousands of Iranians have rallied in recent days to protest mounting unemployment and a dramatic drop in the currency, blaming the regime-not the United States-for months of economic turmoil, a Politico reporter said Wednesday.

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