July 25, 2021

Iran clamors against sanctions on the anniversary of the assault on the US Embassy

Iran clamors against sanctions on the anniversary of the assault on the US Embassy

Tens of thousands of Iranians today condemned the new US sanctions, which take effect tomorrow, during the commemoration of a new anniversary of the takeover of the US embassy in Tehran, in 1979.

Caricatures and dolls with the effigy of US President Donald Trump, balloons shaped like missiles and banners with slogans like "we trample on the US" and "we will not negotiate" were his way of rejecting Washington's policies against Tehran.

From the rostrum, the commander in chief of the Guardians of the Revolution, Mohamad Ali Yafarí, assured that "the enemy's last weapon, the economic war, will end in failure" and called "the resistance" as the only strategy against the United States.

His words were cheered by the assembled, who shouted the usual slogan of "Death to the US" and trampled and burned American and Israeli flags.

The assault on the US embassy in Tehran was perpetrated on November 4, 1979 by Islamic students who kidnapped 52 US officials for 444 days to demand the extradition of Sha Mohamad Reza Pahlevi, overthrown by the revolution led by Ayatollah Khomeini. place to the Islamic Republic.

This date is remembered every year with massive marches, which on this occasion took on special relevance due to the imposition of new sanctions by the US after its withdrawal from the 2015 nuclear agreement signed between Tehran and six major powers.

The second round of sanctions, which complements the one applied in August, will penalize Iranian oil sales, financial transactions with its Central Bank and the country's port sector starting tomorrow, Monday.

Those attending the march in front of the former US embassy in Tehran, the so-called "Nest of Espionage," insisted that the sanctions will not influence Iran's determination.

"The sanctions of the United States against the Islamic Republic and the oppressed people of Iran are not new, since for 40 years we have been under sanctions, but even if they go on for decades, the sanctions will not get any results," a cleric told Efe. in commemoration.

Previously, the president of the Iranian Parliament, Ali Larijani, affirmed that "the Iranians will demonstrate to the president of the USA that he will not be able to put them on their knees".

"Today, all nations are outraged by American authoritarianism and are trying to get rid of that evil government," said Larijani.

The US is the only country that has once again imposed sanctions against Tehran, but its extraterritorial nature has already forced many companies in other countries to abandon their businesses and contracts in Iran, such as the French oil company Total.

The rest of the signatories of the nuclear pact of 2015 – Russia, China, France, the United Kingdom and Germany – are looking for ways to save the pact and maintain trade and purchases of Iranian crude.

Although Washington had threatened to reduce Iran's oil exports "to zero", US Secretary of State Mike Pompeo announced two days ago that eight of the Iranian oil client countries will be temporarily exempted.

This gives some margin to the Iranian economy, sunk in a deep crisis since last May Trump announced sanctions, which has caused a sharp depreciation of the national currency, the rial, and shortage of certain products.

In the opinion of the economist and professor at the University of Tehran, Elahe Nurigholamizadeh, "the most important thing is that Russia, China and the European Union are looking for mechanisms to guarantee the sale of Iranian oil without using the dollar".

"The US is alone, on this occasion neither the UN nor the EU supports the sanctions since Iran has complied with the nuclear agreement," as the International Atomic Energy Organization has certified, the economist told Efe.

Therefore, although they affect oil exports and impose supervision on the Central Bank, Nurigholamizadeh expressed hope that "their damage will be less" than that caused by the sanctions prior to the nuclear pact.

"Iran will always have clients for its oil as evidenced by the efforts against the embargo of China, India, Turkey or South Korea, the main buyers of Iranian oil, those sanctions are doomed to failure," he said.

Iran's oil exports exceeded 2.5 million barrels per day in the first six months of 2018, but have since fallen by some 800,000 barrels, fueling market instability and rising prices, a situation that neither USA.

By Marina Villén


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