Iran Says US Exposing Panic In White House By Escalating Economic Pressure On Tehran

Iran Says US Exposing Panic in White House by Escalating Economic Pressure on Tehran

The United States' "economic terrorism" against Iran has exposed the "panic and desperation" of the US authorities, Iranian Foreign Minister Mohammad Javad Zarif said on Tuesday, referring to the White House's decision to scrap sanctions waivers for Iranian oil imports

MOSCOW (Pakistan Point News / Sputnik - 23rd April, 2019) The United States' "economic terrorism" against Iran has exposed the "panic and desperation" of the US authorities, Iranian Foreign Minister Mohammad Javad Zarif said on Tuesday, referring to the White House's decision to scrap sanctions waivers for Iranian oil imports.

The White House announced on Monday that the United States would end its sanctions waivers for importers of Iranian oil starting on May 2.

"Escalating #EconomicTERRORISM against Iranians exposes panic & desperation of US regime � and chronic failures of its client co-conspirators ... Inheritors of ancient Persian civilization don't base strategy on 'advice' of foreigners � let alone Americans," Zarif said on Twitter.

US President Donald Trump announced Washington's withdrawal from the Iran nuclear deal last May, triggering the reinstatement of the country's Iran sanctions, which had been previously lifted under the agreement. Two rounds of sanctions have been put into effect since then, including large-scale restrictions covering Iran oil exports.

Washington granted in November six-month waivers to eight countries dependent on Iranian energy imports � China, Greece, India, Italy, Japan, South Korea, Taiwan, and Turkey � that exempted them from the US sanctions.

The United States wants all countries to eventually cut their imports of Iranian oil to zero, which is likely to have a significant impact on the country, where oil exports serve as one of the main sources of revenue.