An Iranian government spokesperson, Fatemeh Mohajerani, said on Wednesday that Iranian’s livelihoods will not be affected by the U.S. elections after Donald Trump won the presidency.

Arab and Western officials have told Reuters that Mr Trump may reimpose his “maximum pressure policy’’ through heightened sanctions on Iran’s oil industry and empower Israel to strike its nuclear sites and conduct assassinations.

“The U.S. elections are not our business. Our policies are steady and don’t change based on individuals. We made the necessary predictions before and there will not be change in people’s livelihoods,” Mr Mohajerani said, according to the semi-official Tasnim news agency.

The Revolutionary Guards did not directly react to Mr Trump’s claimed electoral victory but said Tehran and its allied armed groups in the region were ready for confrontation with Israel.

“The Zionists do not have the power to confront us and they must wait for our response; our depots have enough weapons for that,” the Guards’ deputy chief Ali Fadavi said as Tehran is expected to respond to Israel’s October 25 strikes on its territory, which killed four soldiers.

He added that Tehran does not rule out a potential U.S.-Israel pre-emptive strike to prevent it from retaliating against Israel.

In his first term, Mr Trump re-applied sanctions on Iran after he withdrew from a 2015 nuclear pact between Iran and world powers that had curtailed Tehran’s nuclear programme in exchange for economic benefits.

The reinstatement of U.S. sanctions in 2018 hit Iran’s oil exports, slashing government revenues and forcing it to take unpopular steps, such as increasing taxes and running big budget deficits, policies that have kept annual inflation close to 40 per cent.

According to Iranian currency tracking website Bonbast.com,  Iran’s national currency has weakened at the prospect of a Trump presidency, reaching an all-time low of 700,000 rials to the U.S. dollar on the free market. 

(Reuters/NAN)