Wednesday, 16 October, 2024
Iran condemned on Sunday what it termed an "illegal and unjustified" expansion of U.S. sanctions targeting its oil industry, following Tehran's missile attack on Israel earlier this month.
In a statement, Foreign Ministry spokesman Esmail Baghaei defended Iran's attack on Israel and strongly denounced the new sanctions, asserting that they were "illegal and unjustified."
On Friday, the United States imposed a series of new sanctions on Iran’s oil and petrochemical sectors in response to Tehran's October 1 attack against Israel. Baghaei characterized the attack on Israel as legal and reaffirmed Iran's right to respond to the new sanctions.
The U.S. Treasury Department indicated that it was targeting Iran's so-called shadow fleet of ships, which are allegedly involved in selling Iranian oil to circumvent existing sanctions. At least 10 companies and 17 vessels have been designated as "blocked property" due to their involvement in the shipment of Iranian petroleum and petrochemical products.
The State Department also announced sanctions on six additional firms and six ships for "knowingly engaging in significant transactions involving the purchase, acquisition, sale, transport, or marketing of petroleum or petroleum products from Iran."
Baghaei stated that "the policy of threats and maximum pressure" would not deter Iran from defending its sovereignty, territorial integrity, national interests, and citizens against any violations or foreign aggressions. He warned that the sanctions would enable Israel "to continue killing innocents and pose a threat to peace and unity in the region and the world."
This latest wave of sanctions comes as the world anticipates Israel's promised response to Tehran's missile attack, with oil prices reaching their highest levels since August.
Earlier this month, U.S. President Joe Biden advised Israel against targeting Iran's oil infrastructure, given that Iran is one of the world's ten largest oil producers. Iran's Foreign Minister, Abbas Araghchi, warned last Tuesday that "any attack against infrastructure in Iran will provoke an even stronger response."
Comments
Iran condemned on Sunday what it termed an "illegal and unjustified" expansion of U.S. sanctions targeting its oil industry, following Tehran's missile attack on Israel earlier this month.
In a statement, Foreign Ministry spokesman Esmail Baghaei defended Iran's attack on Israel and strongly denounced the new sanctions, asserting that they were "illegal and unjustified."
On Friday, the United States imposed a series of new sanctions on Iran’s oil and petrochemical sectors in response to Tehran's October 1 attack against Israel. Baghaei characterized the attack on Israel as legal and reaffirmed Iran's right to respond to the new sanctions.
The U.S. Treasury Department indicated that it was targeting Iran's so-called shadow fleet of ships, which are allegedly involved in selling Iranian oil to circumvent existing sanctions. At least 10 companies and 17 vessels have been designated as "blocked property" due to their involvement in the shipment of Iranian petroleum and petrochemical products.
The State Department also announced sanctions on six additional firms and six ships for "knowingly engaging in significant transactions involving the purchase, acquisition, sale, transport, or marketing of petroleum or petroleum products from Iran."
Baghaei stated that "the policy of threats and maximum pressure" would not deter Iran from defending its sovereignty, territorial integrity, national interests, and citizens against any violations or foreign aggressions. He warned that the sanctions would enable Israel "to continue killing innocents and pose a threat to peace and unity in the region and the world."
This latest wave of sanctions comes as the world anticipates Israel's promised response to Tehran's missile attack, with oil prices reaching their highest levels since August.
Earlier this month, U.S. President Joe Biden advised Israel against targeting Iran's oil infrastructure, given that Iran is one of the world's ten largest oil producers. Iran's Foreign Minister, Abbas Araghchi, warned last Tuesday that "any attack against infrastructure in Iran will provoke an even stronger response."
Comments
