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EU sanctions against Iran to upgrade oil or embargo

Release Date:2012-05-05  Hits:509
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December 2 to media reports, the EU decided to impose sanctions on 143 Iranian companies and 37 individuals associated with 25 entities and Iran's nuclear program, 120 entities with Iran's shipping company contact. However, the foreign ministers of EU member states not to the Iran oil embargo consensus.




According to data from the European Union last year, Iranian crude oil accounted for 5.8% of total EU imports, the EU's fifth-largest crude oil supplier, second only to Russia World pipe network reported that the world's steel pipe network to provide the world's steel pipe network editor , Norway, Libya and Saudi Arabia. Countries such as Britain, France, Germany and Sweden to support the implementation of the oil embargo against Iran, to stop oil imports from Iran to cut off Iran's economic lifeline, "backing off" on Iran's nuclear activities. However, Greece, Spain and Italy and other countries heavily dependent on Iranian oil expressed their opposition. Greece and other countries to find alternative oil imports, the EU is likely the oil embargo against Iran.



EU foreign ministers said: "The EU Council, after investigation, agreed to expand the existing sanctions and will also cooperate closely with international partners. The new sanctions will seriously affect Iran's financial system, transportation and energy.



However, the EU foreign ministers on the implementation of Iran is the consensus reached by the embargo World Pipe network informed. The source said that France, Germany and the United Kingdom in favor of the boycott of Iranian oil, but failed to reach an agreement among 27 countries. Some member states import large quantities of Iranian oil, oil imports are often relevant to the important interests of these countries.

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