Reuters - Iranian President Hassan Rouhani reiterated on Wednesday that Tehran will continue selling its oil despite U.S. sanctions and said Washington�s policy of putting pressure on Iran would fail in practice.

Rouhani called the U.S. decision to try to reduce Iran�s oil exports to zero a �baseless� policy, and said �The Americans� power is not as much as they say�.

The United States demanded on April 22 that buyers of Iranian oil stop purchases by May 1 or face sanctions, ending six months of waivers that had allowed Iran�s eight biggest customers, most of them in Asia, to import limited volumes.

Reporting by Bozorgmehr Sharafedin; editing by Jason Neely