Iran’s Rouhani expects economic relief after Trump departure
Iran’s president assured his nation of economic relief “in the months to come” following the “overthrow” of his outgoing US counterpart, Donald Trump.
“It is not just the end of an administration, it is the failure of the ‘maximum pressure’ policy and the economic terrorism against the great [Iranian] nation,” President Hassan Rouhani declared in reference to the expected departure of President Donald Trump from the White House.
The “maximum pressure” campaign has been intensely pursued by the Trump administration over the past three years with the aim of crippling Iran’s economy through multiple strategies, including sanctions on the country’s lifeline oil trade with the outside world.
While admitting that the US policy has imposed “much suffering,” Rouhani spoke triumphantly of how “Iranians were never brought to their knees thanks to their resistance.”
Iran has seen its oil revenues plummet due to US sanctions. The consequent devaluation of its national currency and the economic turbulence have sent prices soaring, leaving ordinary Iranians with a fast-diminishing purchasing power.
