The US launched a new round of sanctions against Iran Monday, local media reported. The sanctions target Iran's petrochemical sector, including the Minister of Petroleum, the National Oil Company, the National Tanker Company and other Iranian personnel and institutions have been placed on the US sanctions list. According to the report, "these entities and individuals provide financial support to Iran's Islamic Revolutionary Guard Corps and the Syrian government."

Reacting to the sanctions, Iranian Foreign Minister Mohammad Javad Zarif said on social media that the US national security adviser had just acknowledged that the US had approved decisions to inflict more pain on the Iranian people, and that it was time for the US to admit that it was a "sanctions addict". America should get rid of this habit. More economic war against Iran will only diminish US influence.

"The sanctions imposed by the US on me and my colleagues are a passive reaction and show the failure of Washington's policy of trying to 'zero out' Iranian crude oil exports," Iranian Oil Minister Mohammad Javad Zarif said in a post on social media on Saturday night.

"The era of unilateralism is over and there will be no obstacles to Iran's oil industry." "I have no assets outside Of Iran that I can sanction," he stressed. "I will sacrifice my life, my property and my reputation for Iran." The sanctions are the latest since the US Treasury Department announced on January 8 that at least 18 major Iranian Banks and financial institutions have been added to the sanctions list.

The US has vowed to do all it can to "zero" Iranian oil exports after imposing "the toughest sanctions in history" on Iran since it unilaterally withdrew from the Nuclear deal in May 2018. The Iranian government and military have warned several times that the United States must end its illegal unilateral sanctions on Iran and bear all the consequences.

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