Iranians' livelihoods will not be affected by the U.S. elections, government spokesperson Fatemeh Mohajerani was reported as saying on Wednesday after Donald Trump declared victory in the presidential vote.
An Iranian man looks at a newspaper with a picture of Republican presidential nominee and former U.S. President Donald Trump and Democratic presidential nominee U.S. Vice President Kamala Harris, in Tehran, Iran November 6, 2024. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
Iranians' livelihoods will not be affected by the U.S. elections, government spokesperson Fatemeh Mohajerani was reported as saying on Wednesday after Donald Trump declared victory in the presidential vote.
Arab and Western officials have told Reuters Trump may reimpose his "maximum pressure policy" through heightened sanctions on Iran's oil industry and empower Israel to strike its nuclear sites and conduct "targeted assassinations".
"The U.S. elections are not really our business. Our policies are steady and don't change based on individuals. We made the necessary predictions before and there will not be change in people's livelihoods," Mohajerani said, according to the semi-official Tasnim news agency.
During his first mandate, Trump reapplied sanctions on Iran after he withdrew from a 2015 nuclear pact between Iran and world powers that had curtailed Tehran's nuclear programme in exchange for economic benefits.
The reinstatement of U.S. sanctions in 2018 hit Iran's oil exports, slashing government revenues and forcing it to take unpopular steps such as increasing taxes and running big budget deficits, policies that have kept annual inflation close to 40%.
Iran's national currency has weakened at the prospect of a Trump presidency, reaching an all-time low of 700,000 rials to the U.S Dollar on the free market, according to Iranian currency tracking website Bonbast.com.
Reporting by Dubai Newsroom
Former President Donald Trump's return to the White House could mean tougher enforcement of U.S. oil sanctions against Iran, potentially trimming global supplies, but could also carry geopolitical risks including raising the ire of its top customer China, according to analysts.
Hezbollah chief Naim Qassem said on Wednesday that only developments on the battlefield, not political moves, would bring an end to the hostilities between the Lebanese armed group and the Israeli military.
U.N. nuclear watchdog chief Rafael Grossi on Wednesday said he might visit the Iranian capital Tehran in the coming days, and he expected to work cooperatively with the newly elected U.S. President Donald Trump.
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