Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

U.S. wants 'regime change' in Iran - Rouhani

Published 14/10/2018, 11:02
Updated 14/10/2018, 11:02
© Reuters. FILE PHOTO: Iran's President Hassan Rouhani speaks at a news conference on the sidelines of the General Assembly in New York

(Reuters) - The United States is seeking "regime change" in Iran, President Hassan Rouhani said on Sunday, adding that the current U.S. administration is the most hostile that the Islamic Republic has faced in its four decades.

Tensions have increased between Iran and America after U.S. President Donald Trump withdrew from a multi-lateral agreement on Iran's nuclear programme in May.

"In the past 40 years there has not been a more spiteful team than the current U.S. government team towards Iran, Iranians and the Islamic Republic," Rouhani said in a speech broadcast on state TV.

"There was a time when there was one person who had enmity. The rest were moderate. Now...the worst have gathered around each other," he added in a speech marking the beginning of the academic year at Tehran University.

Rouhani accused the Americans of using psychological and economic warfare and questioning the legitimacy of the Islamic Republic.

"Reducing the legitimacy of the system is their final goal. When they say getting rid of, regime change in their own words, how does regime change happen? Through reducing legitimacy, otherwise a regime doesn't change,"

He used the English phrase "regime change" to emphasise his point.

Washington reintroduced steps against Iran's currency trade, metals and auto sectors in August.

With U.S. curbs on Iran's oil exports set to come into force next month, some Iranians fear their country is entering an economic slump that may prove worse than the period from 2012 to 2015, when it last faced major sanctions.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Vice-president Eshaq Jahangiri played down the impact of the planned restrictions. Iran has been able to find new partners to buy its oil even though some countries have stopped purchases, Jahangiri said on Sunday, according to Islamic Republic of Iran Broadcasting (IRIB).

"America will certainly not be able to reduce Iran's oil exports to zero," he said.

"America thinks Saudi Arabia can replace this oil. But right now Iran's oil has reached more than $80 and with half the previous exports we will have the same income as before," he added on comments on the IRIB website.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.