New US sanctions target Iranians' access to food, medicine, says Iran

The United States on Friday imposed more sanctions, targeting the Central Bank of Iran, which was already under US sanctions

Iran's foreign minister Mohammad Javad Zarif.
Iran's foreign minister Mohammad Javad Zarif
Reuters
3 min read Last Updated : Sep 21 2019 | 10:23 PM IST
Iran’s foreign minister has denounced renewed US sanctions against its central bank following the Saudi attacks as an attempt to deny ordinary Iranians access to food and medicine, and said the move was a sign of US desperation.

The United States on Friday imposed more sanctions, targeting the Central Bank of Iran, which was already under US sanctions, the National Development Fund of Iran — the country’s sovereign wealth fund — and an Iranian company that US officials say is used to conceal financial transfers for Iranian military purchases.

“This is a sign of US desperation ... When they repeatedly sanction the same institution, this means their attempt at bringing the Iranian nation to its knees under ‘maximum pressure’ has failed,” Foreign Minister Mohammad Javad Zarif told reporters in remarks shown on state television.

“But this is dangerous and unacceptable as an attempt at blocking ... the Iranian people’s access to food and medicine,” Zarif said, speaking after arriving in New York for the annual UN General Assembly.

Zarif said he would on Wednesday meet foreign ministers of the remaining signatories to the 2015 nuclear accord, which was agreed with Britain, France, Germany, China and Russia as well as the United States. “As we have said before, the United States can only attend if it returns to the (nuclear accord) ... and ends its economic war against Iran,” Zarif said.

The US withdrew from the accord last year and re-imposed unilateral sanctions on Iran. 

“I hope the US government realises that they are no longer the only economic superpower in the world and that there are many countries that want to benefit from the Iranian market,” Foreign Ministry spokesman Abbas Mousavi said, according to state media.

After reports on social media of a cyber-attack on some petrochemical and other companies in Iran, a state body in charge of cyber security denied there had been a “successful” attack.

“Based on our observations ... there has not been a successful cyber-attack on oil facilities and other critical infrastructure,” said an official statement carried by IRNA.

NetBlocks, an organisation that monitors internet connectivity, earlier reported “intermittent disruptions” to some internet services in Iran starting on Friday evening.

The group said the impact was limited, affecting only specific providers, and the cause was unclear. “Data are consistent with a cyber-attack or unplanned technical incident on affected networks as opposed to a purposeful withdrawal or shutdown incident,” it tweeted.

NetBlocks Director Alp Toker said they saw four Iranian networks falling offline over a three hour period on Friday evening. This began when the first reports emerged and ended shortly afterwards. The networks have been stable since.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :IranSaudi AramcoUS Iran tensions

Next Story