Iranians protest as U.S. reimposes sanctions

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In order to pass through tough times ahead the returning United States sanctions, we need to promote our cooperation with global power like China, Russia, and the EU, Akhoundi said on August 5, IRNA news agency reported. German authorities have been examining the request for weeks, and the U.S. has made clear its concerns about potential terrorist financing and money-laundering.

Sanctions will also be reapplied to United States imports of Iranian carpets and foodstuffs and on certain related financial transactions.

"We are grateful to our German partners at the chancellery and throughout the government for recognizing the need to act", U.S. ambassador Richard Grenell told The Associated Press on Saturday.

Asked about the future of diplomatic relations between Tehran and Riyadh, Qassemi said Switzerland has been representing Iranian interests in Saudi Arabia under an agreement reached with Bern eight months ago.

The three European signatories to the nuclear deal, the United Kingdom, France and Germany agreed with China and Russian Federation last month to continue to support Iran through the reimposition of USA sanctions.

Recall that President Hassan Rouhani of Iran had earlier warned the U.S. against any attempt to stop Tehran's oil trade.

Iran has indicated it will stay aboard as long as the remaining signatories stick to the deal and it continues to enjoy economic incentives.

U.S. officials are now travelling the world in a dramatic effort to stop other countries from buying Iranian oil.

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Later in the year, on November 4, all countries must stop importing Iranian oil or they, themselves, will face financial punishment from Washington.

Iran's state-run IRNA news agency reported the arrival of the five ATR72-600 airplanes, which are twin-engine turboprops used for short-distance regional flights. However, only 13 planes have been delivered since sanctions on Iran were lifted under the nuclear pact.

The move was condemned by U.S. allies including the UK, Germany and France.

The rallies were small but highlighted widespread discontent with the collapse of the rial, which has lost two thirds of its value against the dollar in a year.

It is not yet clear how all this will affect ordinary Iranians, but a Western diplomat in Tehran who monitors the economy said prices of basic foods were already creeping up.

"We are already seeing auto prices going through the roof over fears about raw material imports", she said.

"There is a massive loss of confidence in the financial system and the government's ability to control things and withstand sanctions", she said.

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