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'It has now become clear that America can not cut Iran's oil exports to zero,' said Rouhani (AFP)
Iranian President Hassan Rouhani has said that US sanctions have already been practically reimposed them earlier.
The restoration of sanctions is part of a larger 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 cover 50 Iranian banks and subsidiaries and more than 200 persons and vessels in its shipping sector, and more than 65 of its aircraft.
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"The sanctions have had no impact on our economy because America had already used all the weapons on its disposal and there was nothing," Rouhani said in his remarks.
"They just issued a long list of banks, their branches, and their plans, and this shows that they are only trying to affect the Iranian nation psychologically," Rouhani said.
The US said it would not be possible to keep Iranian sanctions when it reimposed sanctions earlier this week.
"It has become clear that it can not be cut off," Rouhani added, speaking after a weekly meeting with the heads of the parliament and the judiciary.
Iraq waiver
On Thursday, Washington said it could continue to import natural gas and energy supplies from Iran for a period of 45 days.
"The United States has given Iraq a temporary relief from the sanctions for continuing to use natural gas and electricity from Iran," the US Embassy in Iraq said in a video published on its official Facebook page.
"This relief gives Iraq time to start taking steps toward energy independence," the video said.
Iraq central bank officials said that the country's economy is so closely linked to Iran that Baghdad would ask Washington for exemptions from some of the sanctions.
The current temporary waiver is conditional on Iraq not paying Iran for imports in US dollars.
Trump exited Iran's 2015 nuclear deal with six powers in May and Washington reimposed a first round of sanctions on Iran in August.
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