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.


Millions go without power as Russia launches barrage at Ukraine during peace talks
Parents’ relentless hunt for missing daughter heats up as new tech breathes life into case
Pentagon Contractor Indicted for Leaking Classified Info to the Washington Post
Trump warns Canada of 100% tariffs if it becomes China’s ‘drop off port’ with new potential trade deal
Legal Analyst: There Are Still Several Ways Pam Bondi Can Charge Don Lemon for His Conduct
Campus Radicals: Union member tell-all, Dems back to DEI ways, more violent leftist threats on campus
Trump takes aim at Senate ‘blue slip’ tradition as GOP resists change
The Tide Has Turned on DEI in Nearly Every Major Institution, But Teachers and Educators Refuse to Ditch It
Hawaii RNC members pay their way to represent state: ‘It’s not a cheap hobby’
Cruz back in Texas after photo of him boarding plane sparks backlash ahead of winter storm
‘I Went to Princeton and Harvard!’: Michelle Obama Complains About Being Known as ‘Barack Obama’s Wife’
Johnson warns House Republicans to ‘stay healthy’ as GOP majority shrinks to the edge
Navy Under Secretary Hung Cao says personnel discharged over vaccine mandate were ‘failed’
Pentagon plans to give South Korea primary role in deterring North Korea threats under new strategy
Minnesota ‘on the clock’ as HHS threatens penalties over childcare fraud scandal

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.

See also  More than a million veterans left without primary care providers because of VA staffing losses, watchdog warns

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