EU member states have agreed in principle to ban imports of Iranian crude oil to put pressure on the country over its nuclear programme.
The move is expected to be announced formally at an EU foreign ministers' meeting at the end of January. The US, which recently imposed fresh sanctions on Iran, welcomed the news.
Iran has dismissed the threat of new sanctions and denies Western claims that it is trying to develop a nuclear weapons programme. Iran has also denied that a record low of its currency this week was linked to punitive US measures against its banks.
Oil prices on international markets rose on news of the EU agreement.
"We have an [EU] foreign ministers' meeting on January 30, and on this occasion I hope we will be able to take the decision on the embargo of oil and petrol from Iran", said French Foreign Minister Alain Juppe.
>>>Another big nail in the coffin of IRI.
Person | About | Day |
---|---|---|
نسرین ستوده: زندانی روز | Dec 04 | |
Saeed Malekpour: Prisoner of the day | Lawyer says death sentence suspended | Dec 03 |
Majid Tavakoli: Prisoner of the day | Iterview with mother | Dec 02 |
احسان نراقی: جامعه شناس و نویسنده ۱۳۰۵-۱۳۹۱ | Dec 02 | |
Nasrin Sotoudeh: Prisoner of the day | 46 days on hunger strike | Dec 01 |
Nasrin Sotoudeh: Graffiti | In Barcelona | Nov 30 |
گوهر عشقی: مادر ستار بهشتی | Nov 30 | |
Abdollah Momeni: Prisoner of the day | Activist denied leave and family visits for 1.5 years | Nov 30 |
محمد کلالی: یکی از حمله کنندگان به سفارت ایران در برلین | Nov 29 | |
Habibollah Golparipour: Prisoner of the day | Kurdish Activist on Death Row | Nov 28 |
Very Good!
by Artificial Intelligence on Wed Jan 04, 2012 05:15 PM PSTThe more sanctions the better!
Expect another sharp drop for Rial
by divaneh on Wed Jan 04, 2012 03:48 PM PSTThere will be another sharp drop in the value of the Rial tomorrow. Unfortunately for IRI, the oil resources in Iraq and Libya are now controlled by West who can use them to replace the Iranian oil exports to the Europeans.
One disappointed EU country would be Greece who was buying on credit (nesyeh mibord).