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November 5, 2018 2:26 pm

Israeli PM Netanyahu Hails ‘Historic’ Reimposition of US Sanctions on Iran

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Israeli Prime Minister Benjamin Netanyahu attends a weekly cabinet meeting in Jerusalem, May 27, 2018. Photo: Menahem Kahana / Pool via Reuters.

Israeli Prime Minister Benjamin Netanyahu welcomed on Monday the reimposition of US sanctions targeting Iran’s oil, shipping, insurance and banking sectors that had been lifted as part of the 2015 nuclear agreement signed by the Tehran regime and six world powers.

“This day is a historic day,” the Israeli leader said in a statement. “This is the day on which the United States, led by President Trump, imposed the most severe sanctions on Iran, the most severe sanctions imposed on Iran since the beginning of the effort to stop its aggression.”

“We see the impact of these sanctions on the ground right now,” Netanyahu continued. “And the second wave of sanctions, especially the sanctions imposed on the SWIFT, the banking clearing system used by the Iranian regime, will add a very severe blow to Iran’s terrorist regime.”

“I believed that sanctions must include this element of credit clearance,” he added. “I raised this several times, even during my last meeting with US Treasury Secretary Steven Mnuchin, and I am pleased that the US has decided to include this component, the credit component.”

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“Iran is the greatest threat to Israel, the Middle East and to world peace,” Netanyahu declared. “You know that for many years I have devoted my time and energy to the war against the Iranian threat. In this matter I went almost against the whole world. Today we see the results of this long and continuous struggle.”

“I would like to thank President Donald Trump again for a courageous, determined and important decision,” the prime minister said. “I think that this contributes to stability, security and peace. True, there can be more bumps along the way, but we must approach this very aggressively and from strength. Also morally, economically and vis-à-vis security.”

“This is a great day for the State of Israel. This is a great day for the people of Israel. This is a great day for the future of Israel,” Netanyahu concluded.

Israeli Ambassador to the UN Danny Danon stated on Monday: “Sanctions work and are suffocating the Iranian regime. We see this on the ground in Iran, in its economy, and in the growing fear of the regime.”

“Wherever there is terrorism, you can find an Iranian fingerprint,” he added. “Therefore, Europe and other countries must join the United States to create a united front in the fight for stability in the Middle East and the world at large. From today, the world will have to choose a side: Iran or the United States.”

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