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Ayatollah Ali Khamenei  criticized the US and the EU for implementing severe sanctions against the country.Khamenei said on Wednesday that western sanctions are intended to create a rift between the Iranian people and their government. He added that such a conspiracy will ultimately fail.

Western countries are stepping up economic sanctions against Iran because of its nuclear development program.A new US law designed to increase pressure on Iran is set to take effect on Thursday. The EU will also begin an oil embargo against Iran July 1st.

The International Energy Agency said sanctions cut Iran's oil exports by 40 percent last year, from 2.5 million barrels a day to 1.5 million.The hard-line stance of western countries is affecting daily life in Iran. Residents in Teheran say they hope their government takes some measures to reduce the high cost of living.

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