The sanctions imposed by President Donald Trump on Iran have more than erased the benefits given by President Barack Obama under the nuclear deal, according to numbers presented by Iranian President Hassan Rouhani.
Under the Iran deal, Iran gained renewed access to up to $150 billion in assets that had been previously frozen. The Obama administration also infamously gave Iran nearly $2 billion in cash for the release of American prisoners who were effectively hostages. The money is believed to have been used, in part, to fund Iranian terror operations.
Rouhani, quoted by Bloomberg News, said Tuesday that U.S. sanctions have cost the country some $200 billion:
Renewed U.S. sanctions have cost Iran $200 billion in foreign-exchange income and investment, Iranian President Hassan Rouhani said Tuesday.
Trump nominates Chris Klomp for HHS deputy secretary, calls him ‘a potential STAR’
Muslim Mamdani-backed socialist primary winner suggested America deserved 9/11 in unearthed video
Democrats ditch the ‘Valleycrat’ playbook in bid to topple California GOP congressman
Illegal immigrant gets eight year prison sentence for $89 million payroll tax fraud scheme
The business of suing the federal government
Slotkin says Democratic Party needs ‘new leadership’: ‘Old models are no longer working’
Trump administration pledges $150M in aid, deploys Navy warships after deadly Venezuela earthquakes
Florida executes 74-year-old for wife’s murder, becoming oldest inmate put to death in state’s modern history
A Warning Charlie Kirk Gave Back in 2020 Coming True Now Within Democratic Party
French citizen who illegally cast ballot in 2022 midterms says New Jersey automatically registered him to vote
Jury deadlocks in federal trial of man accused of starting deadly Palisades Fire in Los Angeles
Dems put on blast over poll that shows record-low patriotism in US: ‘Tear our society apart’
Blue state leaders erupt after Supreme Court’s decision ending TPS protections for Haitians, Syrians
Real Man: Churchgoer Can’t Find Tool to Free Kids from Sweltering Car, Says ‘My Fist Will Probably Work,’ Then, With God’s Help, Starts Smashing Glass
Red state gov bans July Fourth fireworks statewide over wildfire concerns ahead of America’s 250th anniversary
Sanctions have deprived the Islamic Republic of $100 billion in oil revenue in the last two years and an equal amount in foreign investment credit, Rouhani said in a televised speech, according to his official website.
The sanctions have punished Iran for its role in developing weapons of mass destruction; for its sponsorship of terror groups in the region and worldwide; and for its repressive human rights abuses against its own citizens.
Last April, the State Department said “maximum pressure means maximum pressure. We are fulfilling our promise to get Iran’s oil exports to zero and deny the regime the revenue it needs to fund terrorism and violent wars abroad.”
The Iranian regime continues to crack down violently on protests, cutting off cell phone service to parts of the country last week to prevent demonstrators from coordinating and publicizing the crackdown.
Story cited here.
