Iran calls U.S. assets ban ‘antagonistic’ move, gets ready to ban oil exports to some EU states

Foreign Ministry spokesman Ramin Mehmanparast told reporters that the penalties are just “propaganda,” according to The Associated Press. (File photo)

Iran on Tuesday rejected as an “antagonistic move” a tightening of U.S. sanctions that targets the Islamic state’s central bank and gives U.S. banks new powers to freeze assets linked to the Iranian government.

“It is an antagonistic move …which has no impact ... There is nothing new, it has been going on for over 30 years,” Foreign Ministry spokesman Ramin Mehmanparast told a weekly news conference.

“Sanctions will not have any impact on our nuclear course,” he said according to Reuters.

The move, in an executive order signed by President Barack Obama, was the latest measure to target the Central Bank of Iran, and was intended to close loopholes in existing sanctions Tehran has faced.

Mehmanparast said the sanctions were part of a “psychological war” meant to sow discontent among Iranians.

He told reporters that the penalties are just “propaganda,” according to The Associated Press.

In a letter to Congress, Obama said Iranian banks were hiding transactions to undercut the financial sanctions the United States and other powers have imposed in response to Iran's nuclear program, which the West says is aimed at building bombs.

Iran says it needs nuclear technology to generate electricity and not to build bombs.

Meanwhile, Iran’s parliament said on Tuesday it was ready to impose a ban on oil exports to some European states, the country’s English-language Press TV reported.

“In retaliation to the Zionist(Israel)-backed measure of the European countries to ban Iran oil, we are ready to impose a ban on oil exports to some European countries,” lawmaker Mohammad Javad Karimi-Qoddusi said.

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