Iranian Foreign Minister Mohammad Javad Zarif said that his country deserves compensation for Washington's withdrawal from the nuclear deal and its re-imposition of sanctions on his country.

This comes at a time when the International Court of Justice in The Hague ended the dispute sessions between the two parties.

In his speech at the Council on Foreign Relations, Zarif said that the nuclear agreement is still alive and that US sanctions on Iran are not new and will not affect much, but he stressed that with these sanctions measures are not taken against his country but against the entire world.

Zarif added that his country did not refuse to negotiate and did not hesitate to engage in it, but it would not negotiate again on a previously settled matter.

Meanwhile, the International Court of Justice in The Hague ended the hearings of the pleadings of Iran and the United States on the subject of the lawsuit brought by Tehran against Washington, calling for the revocation of US sanctions against it.

During the week-long sessions, Iran's lawyers emphasized the jurisdiction of the International Court of Justice to hear the case, while Washington stressed the court's lack of jurisdiction, considering that the friendship agreement on which Iran is based has no legal effect in regard to sanctions.

According to court sources, it will issue its decision regarding its jurisdiction or lack thereof in the case after about 6 months, while the ruling on the substance of the case will require years.

The United States had announced earlier the imposition of a series of sanctions, especially targeting the Iranian Ministry of Defense, as part of the renewal of the United Nations sanctions.

US President Donald Trump said that the United Nations sanctions target 27 parties between people and entities, but the UN affirms that the decision in this matter is not up to Washington.

Trump said in a statement that "the United States has re-activated the UN sanctions on Iran," and that the re-activation of the UN sanctions "sends a clear message to the Iranian regime and the international community’s members who refuse to stand against Iran."

The Trump administration says it is re-imposing a UN arms embargo that Iran violated, particularly in the attack on Saudi oil facilities.

The United Nations ban on conventional arms imposed on Iran expires next month, and a draft resolution proposed by the United States to extend it has been rejected, but it is based on a UN resolution that welcomed the nuclear agreement concluded by former US President Barack Obama with Iran in 2015.

Trump announced the US withdrawal from this agreement in 2018, but he argued that Washington would remain "participating" in it, according to what is stated in his text.

Most of the member states of the Security Council reject Washington's argument, while the European countries' allies of Washington stress the priority of saving a peaceful solution to the Iranian nuclear program.