Published: Sun, November 04, 2018
Global Media | By Derrick Guzman

US' Real Goal is to Overthrow Iranian Government - Prof on Sanctions

US' Real Goal is to Overthrow Iranian Government - Prof on Sanctions

Pompeo said the latest United States sanctions are targeted at the regime, not the people of Iran who have suffered grievously under this regime.

Pompeo said the exceptions were temporary and allotted to countries that had made progress toward cutting their dependence on Iranian supplies.

Sanctions on Iran are expected to be reinstated Monday, the result of U.S. President Donald Trump's withdrawal earlier this year from the nuclear agreement between Iran and six world powers.

The US wants Iran to withdraw from war-ravaged Syria, where the Shiite clerical regime is a key ally of President Bashar al-Assad, and end longstanding support to regional militant movements Hezbollah and Hamas, as well as Yemen's Huthi rebels.

USA officials said Friday that Washington was adding 700 individuals and entities to its Iran blacklist and pressuring the global SWIFT banking network to cut off Tehran when expanded sanctions are put in place next week.

Treasury Secretary Steve Mnuchin defended the decision to allow some Iranian banks to remain connected to SWIFT, saying that the Belgium-based firm had been warned that it will face penalties if sanctioned institutions are permitted to use it.

The United States' European allies expressed regret at the Trump administration actions, and resolved to try to keep the deal if Iran continues to comply.

"India said to the USA that they can´t stop before March, they are facing a major currency crisis", explained Joel Hancock, analyst at Natixis. He did not announce which countries those are, but indicated they did not include the 28-member European Union as a bloc. Both Turkey and Iraq have announced that they have been notified they will be exempted from the sanctions. "Hundreds of businesses have departed Iran", Pompeo said.

The US will from Monday target buyers of Iranian oil in order to deprive Tehran of its main source of income.

Despite a long line of reports that Iran's economy has suffered deeply from the August sanctions and from anticipation of Sunday's escalated sanctions, Seener said that the fundamental dynamics protecting Iran from a total collapse if anything are even more solid.

However, when Trump said the US would withdraw from the deal and all USA secondary sanctions would be restored, things started deteriorating again. The Trump administration has demanded at least two cut imports to zero "within weeks" and that the others reduce at a faster rate than before.

All are among Iran's biggest oil customers, and they have argued that stopping their purchases immediately would cause oil prices to spike worldwide.

Most worldwide sanctions on Iran were lifted in early 2016 under a deal Iran signed with world powers the year before under which it curbed its uranium enrichment programme, widely seen overseas as a disguised effort to develop an atomic bomb.

The top commander of Iran's elite Revolutionary Guards, Major General Mohammad Ali Jafari, said at the Tehran rally that Iran would resist and defeat a United States "psychological war" and the return of USA sanctions, meant to cripple the Islamic Republic's oil exports and financial institutions.

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