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.
Appeals court upholds order blocking IRS from sharing taxpayer data with ICE
Senator’s daughter wins Democratic nod in closely watched race to replace outgoing Dem incumbent
Ex-Dem lobbyist for company that promoted addictive opioid clears key gubernatorial hurdle
Wife of top ex-Biden advisor easily advances to House showdown in November
Cold case takes grim turn after remains identified as runaway teen; homicide investigation underway
Establishment Dem defeats socialist challenger in crucial battleground Senate primary
Incumbent GOP governor rolls to primary victory after keeping Trump at a distance
New Hampshire Senate race set between John Sununu and Chris Pappas
Nancy Pelosi Disclosed a Multi-Million Dollar AI Investment Just Weeks Before the Stock Blew Up
Turning Point Condemns Georgetown ‘Mockers and Trolls’ Planning Event for Charlie Kirk’s Death Anniversary
US Marshals Find 79 Missing and Endangered Children During Historic Operation
Netanyahu denies UAE warned him ahead of Oct. 7 as blame for massacre dominates Israeli election season
Breaking: US Responds to Failed Iran Strikes, Attacks Oil Tankers as Iran’s Economy Deteriorates
US says it destroyed five Iranian tankers after Navy warship targeted with missiles
‘Demonic’ Attack Ends in Irate Passenger Duct Taped to Seat, Thanks to Gun Guy Who Defended Jewish-Christian Author
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.
