On Iran, the USA can’t push India further

Japan imported an average of 165,481 barrels per day of Iranian oil in fiscal 2017-18

Also Tuesday, Iran's former hard-line President Mahmoud Ahmadinejad urged Trump in an open letter published on his website, mehremardom.ir, to change his approach to Iran, stressing that Trump's "violent methods" only target the Iranian people.

He also referred to USA sanctions on Iran as "psychological, economic and political war", and that the US would pay for Trump's decision to withdraw from the multilateral pact.

Iranians across the country have been protesting the nation's crumbling economy and government leadership for months.

On Monday, police patrolled the bazaar following clashes with protesters angered by the rial's collapse, which is disrupting business by driving up the cost of imports.

That said, the U.S.'s move is unlikely to severely impact the national economy, according to experts.

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Emadi and other Iranian economists noted that Iran had imposed import bans during the previous sanctions era before 2016 with only limited success.

Meanwhile, a senior State Department official said the Trump administration is pushing USA allies to completely eliminate their oil imports from Iran by November.

As soon as this threat was broadcast, the Iranian riyal lost more value. And India buys more Iranian oil than any country except China. "The State Department has conveyed that message to European diplomats in recent talks".

"Iran exports a total amount of 2.5 million barrels per day of crude and condensate, and eliminating it easily and in a period of a few months is impossible", the official told the semi-official Tasnim news agency.

On Sunday, merchants at Tehran's mobile phone shopping centers Aladdin and Charsou shut their shops to protest against the rial's slide, Fars news agency reported.

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Iran also has suggested it could immediately ramp up its production of uranium in response to the USA pullout, potentially escalating the very situation the nuclear deal sought to avoid - having an Iran with a stockpile of highly enriched uranium that it could use to build atomic bombs.

Earlier on Wednesday, Major General Yahya Rahim Safavi, a top military adviser to Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei, called on all Iranians to help the government overcome economic problems in the country.

While this verbal confrontation continues between Iran and the US, people on the streets chant slogans against their own government, targeting its foreign policy.

Iranians chanting "Death to Israel" and "Death to America" are a common occurance. Videos posted to social media showed protesters at the bazaar heckling shopkeepers who refused to close. "The prices of milk, eggs, meat, bread has skyrocketed, yet Iranian people are witnessing their government investing millions of dollars in expensive regional disputes in Iraq, Syria, Yemen to increase its regional influence, while {Iranian people} go hungry", Ansari added. The State Department said that, even if reluctantly, Tokyo understands "that the Secretary and the White House aren't kidding" about sanctions, the official said.

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