Iranian President Hassan Rouhani speaks with media in a joint press conference with his Austrian counterpart Heinz Fischer after their meeting at the Saadabad Palace in Tehran, Iran, Tuesday, Sept. 8, 2015. Iran's president said on Tuesday that his country is ready to hold talks with the United States and Saudi Arabia on ways to resolve Syria's civil war, providing such negotiations can secure peace and democracy in conflict-torn Syria. (AP Photo/Ebrahim Noroozi)

Iranian President Hassan Rouhani reiterated  that Tehran will continue selling its oil despite U.S. sanctions and said Washington’s policy of putting pressure on Iran would fail in practice.

Rouhani called the U.S. decision to try to reduce Iran’s oil exports to zero a “baseless” policy, and said “The Americans’ power is not as much as they say”.

The United States demanded on April 22 that buyers of Iranian oil stop purchases by May 1 or face sanctions, ending six months of waivers that had allowed Iran’s eight biggest customers, most of them in Asia, to import limited volumes

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