Saturday, July 12, 2014





Iran formally snubs EU after oil, gas bans


February 20. 2013 3:50AM
Story Tools
PrintPrint | E-MailEMail | SaveSave | Hear Generate QR Code QR
Send to Kindle


(AP) Iran's oil ministry spokesman says all crude oil and gas exports have been banned to the 27-nation European Union, which has already imposed its own boycott on Iranian energy imports as part of sanctions over Tehran's nuclear program.


It is unclear what practical effect the Iranian decision would have. But Sunday's announcement by spokesman Ali Reza Nikzad Rahbar could be a symbolic act designed to reflect anger at Western unity over economic pressures on Iran.


The semiofficial Mehr news agency quotes Rahbar as saying the Iranian ban will remain as long as hostile decisions are made by the EU.


Before the EU bans last year, the bloc represented about 18 percent of Iran's oil sales.


The U.S. and allies fear Iran could seek a nuclear weapon, a charge Tehran denies.


Associated Press


Comments
comments powered by Disqus Commenting Guidelines
Poll
Mortgage Minute


Search for New & Used Cars

Make 
Model
 
Used New All
 

Search Times Leader Classifieds to find just the home you want!

Search Times Leader Classifieds to find just what you need!

Search Pet Classifieds
Dogs Cats Other Animals



Social Media/RSS
Times Leader on Twitter
Times Leader on Youtube
Times Leader on Google+
The Times Leader on Tumblr
The Times Leader on Pinterest
Times Leader RSS Feeds