Donald Trump warns countries against trading with Iran after Washington reimpose sanctions

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The German government said US sanctions against Iran that have an extra-territorial effect violate global law, and Germany expects Washington to consider European interests when coming up with such sanctions.

European countries, hoping to persuade Tehran to continue to respect the nuclear deal, have promised to try to lessen the blow of sanctions and to urge their firms not to pull out. "Just ask EU, Russia, China & dozens of our other trading partners". China buys 650,000 barrels of oil per day from Iran, and will continue to do so.

Heiko Maas said ongoing unrest in Iran - worsened by the sanctions imposed on Monday - could 'boost radical and fundamentalist forces'.

Iran's markets were actually relatively buoyant, with the rial strengthening by 20 percent since Sunday after the government relaxed foreign exchange rules and allowed unlimited, tax-free gold and currency imports.

"But now, all the countries in the world are supporting Iran".

European countries have also vowed to protect the nuclear deal by continuing to trade with Iran.

The arrival of North Korea's foreign minister in Tehran just hours after Donald Trump had reinstated sanctions against Iran was "no coincidence", analysts believe, and is created to send the message that Pyongyang is reinforcing its alliances as denuclearisation talks with the United States stall.

During his meeting with North Korean Foreign Minister Ri Yong-ho in Tehran on Wednesday, Rouhani warned him that U.S. was "an unreliable and untrustworthy" negotiating partner that did not honour "any of its commitments".

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"You have all these different pressures and people are getting upset and for the most part, from what we can tell, they're blaming the regime and they're not really blaming the U.S.", Politico foreign affairs correspondent Nahal Toosi said on the Bill Press Show.

Donald Trump claimed they were "the most biting ever imposed" and warned that in November, sanctions would "ratchet up to yet another level" with an embargo on Iranian oil and blanket sanctions on Iranian banks.

State energy firms CNPC and Sinopec have invested billions of dollars in key Iranian oil fields such as Yadavaran and North Azadegan and have been sending oil to China.

The sanctions go back into place after Trump in July threatened Iranian President Hassan Rouhani.

The surprise meeting comes as US-Iran relations are further strained amid the first wave of the US reinstated sanctions coming into force.

The operation did catch Americans' attention, Votel said.

Meanwhile, Iranian Foreign Minister Mohammad Javad Zarif said his country will not oppose third-country mediation between the USA and Iran.

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