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Iran's president: U.S. chose wrong path on sanctions, will be defeated

FILE PHOTO: Iran's President Hassan Rouhani speaks at a news conference on the sidelines of the 73rd session of the United Nations General Assembly at U.N. headquarters in New York, U.S., September 26, 2018. REUTERS/Brendan Mcdermid /File Photo

GENEVA (Reuters) - The United States has chosen the wrong path in reimposing sanctions on Iran and will be defeated, Iranian President Hassan Rouhani said Wednesday, according to the Tasnim news agency. Washington reinstated sanctions targeting Iran's oil industry on Nov. 5 as it seeks to force the Islamic Republic to accept tougher curbs on its nuclear program, halt its development of ballistic missiles as well as its support for proxy forces in Syria, Iraq, Lebanon and Yemen. "The Americans will definitely be defeated in this path. The path they have chosen is wrong and incorrect," Rouhani said. "If they are being honest and they are looking for regional security, this is not the path. If they are being honest and respect the Iranian people, this is not the path." He added, "They have made themselves more infamous in the world and in front of our people. It's clear for everyone that the incorrect and cruel sanctions of America will harm the dear and honorable people of our country." U.S. National Security Adviser John Bolton said Tuesday that Washington intends to step up enforcement of sanctions on Iran and "squeeze them very hard." President Donald Trump reimposed sanctions after withdrew the United States from world powers' 2015 nuclear deal with Iran, reached before he took office. The other signatories - Germany, France, Britain, Russia and China remain committed to the deal. Iran has said it will stay in it only if the other powers preserve its economic benefits against U.S. pressure. (Reporting by Babak Dehghanpisheh; Editing by Mark Heinrich)