(Yona Schnitzer/TPS) The Iranian regime is well aware of the approaching renewal of sanctions against it, Prime Minister Binyamin Netanyahu said during Sunday’s government meeting.

“The Iranian economy is at a low. You have to see the data to believe it; Iran is investing billions of dollars to finance terrorism around the world and in the region, instead of investing in Iran’s citizens,” said Netanyahu, adding that “the Iranian people are protesting, and rightly so.”

According to Netanyahu, the change in the United States’ stance on Iran embodies a strategic reversal for Israel. “I believed that this change was possible when I stood up to the entire world in order to cancel this bad deal,” he said, referring to the 2015 Joint Comprehensive Plan of Action. “Our goal remains consistent: preventing Iran from obtaining nuclear weapons, and breaking the cash flow that the deal has given Iran, which funds the aggression in the region including Syria.

“While the U.S is hitting Iran economically, we are working to prevent Iranian forces and their proxies from achieving military entrenchment in Syria, and that is how we will continue to act.”