Iranian cleric threatens to DESTROY Saudi and Israel over sanctions

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The Trump administration's tough new sanctions on Iran have taken effect, but eight major importers of Iranian oil are being spared from immediate penalties.

At midnight on November 5, the US government reinstated the last of the sanctions lifted as part of the 2015 multilateral deal which saw Iran agree to limit its nuclear activities and allow worldwide inspections in return for a reduction of sanctions.

Iran's military forces staged war exercises and its president defiantly vowed to "break" USA sanctions on oil sales that were reimposed today, as Tehran resisted a Trump Administration pressure campaign aimed at isolating the country economically. "We continue negotiations to get all of the nations to zero". Iranian oil: One reason is that the latest round of sanctions aren't as harsh as the market expected.

He said Iran was continuing its pursuit of nuclear weapons, and that the sanctions relief gave Iran cash to carry out destabilizing activities in the Middle East.

Iran remained defiant, greeting the renewed USA sanctions with air defense drills and a warning from President Hassan Rouhani that the nation faces a "war situation".

"China opposes unilateral sanctions and long-arm jurisdiction", AFP quoted foreign ministry spokeswoman Hua Chunying as saying at a regular briefing with reporters on Monday.

China's waiver, like the others, is not a pass to purchase Iranian crude oil indefinitely.

The spokeswoman's comments follow a new batch of sanctions targeting Iran's oil trade, shipping and banking that came into force on Monday.

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United States president Trump has taken a hardline against Iran since taking office.

The sanctions bring to an end all the economic benefits the United States granted Tehran for its 2015 nuclear deal with world powers, though Iran for now continues to abide by the accord under which it limited its enrichment of uranium.

President Donald Trump pulled out of the deal, called the Joint Comprehensive Plan of Action, in May, and Monday was the deadline to reimpose its sanctions.

Iran's clerical rulers dismissed the curbs.

The US State Department said the waivers do not include "civil nuclear projects" but that oversight projects at three of Iran's nuclear facilities - Arak, Bushehr, and Fordow - would continue for an unspecified, temporary period of time.

Congressman Adam Schiff, the ranking member of the House Intelligence Committee, said by reinstating sanctions without justification, Trump is pitting the U.S. gainst European allies and increasing its reliance on Saudi Arabia at a time when that country is "implicated in a plot to assassinate" on foreign soil a journalist and its outspoken critic. "The US-& not Iran-is isolated".

The US sanctions have pitted Washington against several of its key allies in Europe, who remain committed to the nuclear agreement.

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