New US sanctions have no effect on Iran's economy, says Hassan Rouhani

'It has now become clear that America cannot cut Iran's oil exports to zero'

Iranian President Hassan Rouhani said on Saturday that US sanctions announced last week have had no effect on Iran's economy because Washington had already practically reimposed them earlier.
 

The restoration of sanctions is part of a wider effort by US President Donald Trump to force Iran to curb its nuclear and missile programs as well as its support for proxy forces in Yemen, Syria, Lebanon and other parts of the Middle East.
 

"The sanctions have had no impact on our economy because America had already used all the weapons at its disposal and there was nothing new to use against