"Today, Iran is able to sell its oil and it will sell," Rouhani vowed Monday as the sanctions kicked in. "This is an economic war against Iran but ... America should learn that it cannot use the language of force against Iran." "We are in the economic war situation. Washington had said it will ensure a well-supplied global oil market, with help from ally Saudi Arabia, as Iran oil is cut back. The European Union is opposed to the U.S. decision to reimpose oil and financial sanctions, European Economic Affairs Commissioner Pierre Moscovici said.

Source: CBC News November 05, 2018 05:34 UTC