Cut Iran Oil Imports or Face Sanctions

Iran’s President Hassan Rouhani addresses a general meeting of the Judiciary in Tehran

Iran’s President Hassan Rouhani addresses a general meeting of the Judiciary in Tehran

Israel's defense minister joined Iranian protesters speaking out against Tehran's leaders for continuing to support militant groups overseas even as the country faces worsening economic woes. "But we are not against the regime", said a merchant in the Tehran bazaar, according to Reuters. At the tail end of 2017, it reportedly stood at 42,890.

It wasn't immediately clear who led Monday's protests.

At the end of previous year, similar economic protests roiled Iran and spread to some 75 cities and towns, becoming the largest demonstrations in the country since its 2009 disputed presidential election.

Iranian protesters shout slogans during a demonstration in central Tehran on June 25, 2018.

Ali Fazeli, the head of Iran's Chamber of Guilds, a business association, told the semi-official Tasnim news agency later on Monday: "Business is as usual in the Grand Bazaar".

The official said an important part of those discussions was making sure countries aren't "adversely affected" by cutting Iranian oil imports.

State TV quoted Tehran's deputy governor Abdolazim Rezaie as saying "no one has been arrested in the Tehran protests", adding that all the shops will be open on Tuesday.

Iran's Supreme leader called on the judiciary to punish those "who disrupt economic security" on Wednesday, following protests earlier this week over the rial's collapse and the prospect of more hardships to come thanks to US measures against Tehran. Rouhani announced plans to boost Iran's foreign trade and give foreign companies a bigger role in its economy. The government argued that these goods could, instead, be produced in Iran.

At least 25 people were killed and almost 5,000 arrested in the largest demonstrations in Iran since months of protests following the 2009 disputed presidential election.

"In the coming months we will see much more intervention in the economy by the government, a centrally imposed style of management by diktat", he said.

Soleimani is the head of the Islamic Revolutionary Guard Corps Quds Force, which oversees Iran's military activities overseas and provides support to terror and paramilitary groups.

"And the judiciary must confront those who disrupt economic security". "We have enough foreign currency to inject into the market", Rouhani said, according to the Reuters news agency. These figures suggested Iran might withstand the sanctions without an external payments crisis.

Bloomberg News reported on Tuesday that Saudi Arabia is planning to ramp up oil production in July as it seeks to bring down soaring prices in response to pressure from President TrumpDonald John TrumpCohen's lawyers argue 12,000 items protected by attorney-client privilege: reports Former migrant detention facility worker leaks footage from inside facility to MSNBC Trump misidentifies Appalachian Trail as "Tallahassee Trail" while mocking Sanford MORE.

He made those remarks after the demonstrators - chanting "Don't fear, don't fear, we are all together" - marched to the Iranian parliament building.

"Citizens of Iran, where is your money going?" If Iran exports drop more than 1 million barrels a day, Riyadh is likely to have to pump at maximum capacity for the first time since the late 1960s.

The price of Brent also rose, up 2.61% to $76.68 a barrel.

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