Iran’s Supreme Leader Ayatollah Seyyed Ali Khamenei struck a defiant tone on Wednesday against the U.S. decision this week to end sanction waivers granted to some of Tehran’ biggest oil customers, promising the Islamic Republic will export as much crude as it needs.
Echoing previous threats from the Islamic Republic, Khamenei declared on Twitter:
U.S.’s efforts to boycott the sale of Iran’s oil won’t get them anywhere. We will export our oil as much as we need and we intend. They should know that their hostile measure won’t be left without a response. Iranian nation does not sit idle in the face of animosities.
Iran’s state-run Press TV notes that Khamenei made those remarks while speaking to a large group of domestic workers on Wednesday. He reportedly downplayed the U.S. decision to end the exemptions from oil sanctions during his speech.
Acknowledging that the U.S. sanctions “have caused problems” in Iran, Khamenei called for “collective efforts to reduce domestic dependence on oil,” Press TV points out.
He went on to argue that Iran could benefit from the sanctions if they are dealt with “correctly and logically.”
“Sanctions lead to reliance on domestic power, capacity, and initiatives,” he said.
His comments came days after the White House announced the end to the waivers on Monday, urging Iranian oil consumers to stop purchases by May 1 or face sanctions.
When U.S. President Donald Trump withdrew from the Iranian nuclear deal last year, he restored restrictions on Tehran’s oil industry as part of a wave of sanctions.
In November 2018, his administration granted waivers to the Islamic Republic’s eight biggest buyers of crude: China, India, South Korea, Japan, Italy, Greece, Taiwan, and Turkey.
Most of the waiver beneficiaries have already reduced their purchases of Iranian oil, including three – Greece, Italy, and Taiwan – that brought their imports down to zero.
Citing analysts from the Eurasia Group, CNBC notes that China and India, which heavily rely on Iranian oil, will “likely remain defiant” despite the threat of U.S. sanctions.
The analysts did predict that both countries will likely reduce their Iranian oil consumption, but not down to zero as demanded by the Trump administration.
China is considered Iran’s top crude oil customer.
In response to the restrictions on Iran’s oil industry, Iranian President Hassan Rouhani declared in December 2018 that Iran would ensure that “no oil” is exported from the Persian Gulf region, according to the regime-aligned Fars News Agency.
Rouhani explicitly threatened to blockade the Persian Gulf if the United States moved to suspend the waivers and tries to prevent Tehran from exporting its crude oil, stressing that Washington will not be able to do so.
It is unclear whether the Islamic Republic still maintains that position.
In November 2018, the Iranian president reportedly argued the waivers are a testament to America’s incapability to stop Iran’s crude oil sales.
On Wednesday, Ayatollah Khamenei repeated those assertions, indicating that the U.S. has “recurrently failed in their attempts to bring the Iranian nation to its knees,” Press TV reports.
“They (enemies) imagine they’ve blocked [our] way, but our vigorous nation and vigilant authorities will overcome the dead-ends if they put their efforts into this,” he reportedly added.
Iranian leaders have repeatedly said the United States will not be able to stop the Islamic Republic from selling oil.
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