News • Opinons • Politics

Iran: Trump’s $200bn Sanctions Have Wiped Out Obama’s $150bn Nuclear Deal

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.


Russia begins air campaign targeting Ukrainian energy grid with barrage against Kyiv power plants
Passengers from Flydubai plane arrive in Israel on rescue flight
Trump DOJ investigating Dem group in Texas after viral undercover video sparks massive uproar
Police arrest former ‘violence interrupter’ from taxpayer-funded group for allegedly selling drugs
Explosive sleeper issue could fuel midterm shakeups, top Republican predicts: ‘You’re gonna see surprises’
Florida judge rips into mom accused of leaving 4 children at home to go on 3-day cruise
Ole Miss students’ toxicology reports completed, official says
Watch: Desperate Jake Tapper Begs Ambassador to Plead His Case to Trump and Let CNN Back Into Press Pool, Gets Rejected Live on Air
Police: Man ‘Intentionally’ Drove Into Closed Texas Grocery Store to Use the Restroom
Dem Rep Facing 17 Years in Prison for Assaulting ICE Agent Says She ‘Made the Decision to Get Pregnant’
Hijacking Attempt in Cockpit of Israel-Bound Plane Sends Fighter Jets Scrambling
US announces all forces withdrawn from Iraq after 12-year anti-ISIS mission
Senate hopeful’s ‘treading water’ narrative crumbles under $500K campaign payouts to family
Woke NFL Asks DHS to Remove Hall of Fame Defender from Clip of Agency Vowing to Stop Migrant Caravan
Inside the neighborhood living on the edge of America’s tech frontier

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.

Share this article:
Share on Facebook
Facebook
Tweet about this on Twitter
Twitter