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US WITHDRAWAL FROM IRAN NUKE DEAL

Rouhani threatens to disrupt oil shipments

President Hassan Rouhani yesterday appeared to threaten to disrupt oil shipments from neighbouring countries if Washington presses ahead with its goal of forcing all countries to stop buying Iranian oil.

The comments, published on Iran's presidential website and partially repeated at a later news conference in Switzerland, could be open to interpretation. However, when asked whether he intended to make a threat, Rouhani declined to provide a clarification.

Iranian officials in the past have threatened to block the Strait of Hormuz, a major oil shipping route, in retaliation for any hostile U.S. action against Iran.

"The Americans have claimed they want to completely stop Iran's oil exports. They don't understand the meaning of this statement, because it has no meaning for Iranian oil not to be exported, while the region's oil is exported," the website, president.ir, quoted him as saying.

When asked at a news conference in Bern later yesterday whether those comments constituted a threat to interfere with the shipping of neighbouring countries, Rouhani said: "Assuming that Iran could become the only oil producer unable to export its oil is a wrong assumption ... The United States will never be able to cut Iran's oil revenues."

The United States pulled out of a multinational deal in May to lift sanctions against Iran in return for curbs to its nuclear programme. Washington has since told countries they must halt all imports of Iranian oil from Nov 4 or face US financial measures, with no exemptions.

Rouhani said the new US pressure would never succeed.

The Iranian president is in Europe to gather support ahead of a meeting later this week between Iran and the five global powers that are still party to the 2015 nuclear deal.

"Iran will remain committed to the deal, as long as its interests are preserved," Rouhani said. Tehran said its foreign minister would meet counterparts from U.S. allies Britain, France and Germany, as well as Russia and China, in Vienna today to discuss ways of maintaining the nuclear deal.

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