MNA � Criticizing the UAE and Saudi Arabia's move against Iran, Iranian President Hassan Rouhani said these two countries owe their existence to Iran�s wise decision in face of Saddam�s expansionist ambitions.

He made the remarks today in a cabinet meeting held in Tehran.

Touching upon US efforts to drop Iran�s oil exports, Rouhani said that the Iranian oil sales cannot be dropped to zero.

Then addressing the Saudi and Emirati officials, he said, �Are you responding to our good deeds with bad ones? � you have forgotten that you owe your existence to Iran�s wise decision in face of Saddam�s expansionist ambitions.�

Negotiations can become feasible by lifting pressures and showing mutual respect, he said adding that some think that the United States is ready for talks and Iran rejects offers, but this is not the case.

�We should first make US regret [its anti-Iranian measures] and hence we have no way other than resisting.�

The White House announced on Monday that it will not renew sanctions waivers for countries which import Iranian crude oil. The waivers had been in place since November when the administration re-imposed sanctions on Iran after Trump unilaterally withdrew the US from the landmark 2015 nuclear deal with the Islamic Republic.

On the other hand, Saudi Arabia and the United Arab Emirates have said that they would increase their oil output to make up for Iran�s share.

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