Iranian President: "Iran has no fear over new US sanctions"

Iran has no fear about new U.S. sanctions due to take effect in coming days, Iranian President Hassan Rouhani was quoted as saying on Wednesday, Report informs citing Reuters.

“But the people should know with certainty that the government has no fear of American threats.”

The United States will launch the second phase of sanctions against Iran on November 4. These sanctions will cover Iran's energy sector.

Notably, in August of the current year, the United States applied the first phase of sanctions against Iran.