A defiant Iran says it will “proudly bypass” sanctions by the US that took effect on Monday targeting the Islamic republic’s vital oil and financial sectors. The measures described by Washington as “the toughest sanctions ever” come six months after US President Donald Trump’s controversial decision to abandon the multination nuclear deal with Tehran. “I announce that we will proudly bypass your illegal, unjust sanctions because it’s against international regulations,” Iran’s President Hassan Rouhani said in a televised speech. “We are in a situation of economic war, confronting a bullying power. I don’t think that in the history of America, someone has entered the White House who is so against law and international conventions,” he said. In one of Tehran’s bazaars, there was anxiety over the future. “The shadow of the sanctions has already affected the economy in a disastrous way, people’s purchasing power has plunged,” said Ehsan Attar in his herbal remedy shop. “The US is just li...

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