Estimated read time: Less than a minute
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
TEHRAN, Iran (AP) — Iran has condemned new U.S. sanctions targeting its petrochemical industry, saying they prove President Donald Trump is not serious about pursuing negotiations.
Foreign Ministry spokesman Abbas Mousavi was quoted by state TV on Saturday as saying the move amounts to "economic terrorism" and is in line with other hostile American policies.
On Friday, the Trump administration imposed sanctions on Iran's largest petrochemical company for allegedly doing business with the paramilitary Revolutionary Guard, which the White House branded a terrorist organization in April.
Trump has ramped up sanctions on Iran since withdrawing the United States from Iran's 2015 nuclear accord with world powers last year, while saying as recently as this week that he is open to talks with Tehran.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
