EU introduces embargo on Iranian oil

EU  introduces embargo on Iranian oil

 

The leaders of the 27 EU countries today approved the decision to

introduce the embargo on importing Iranian oil in the EU countries

from July 1. This was announced today by the head of the European

Council Herman van Rompuy after the Brussels summit.

"The European Council supports the introduction of the oil embargo from

this Sunday," he told journalists, RIA Novosti reports.

According to van Rompuy, the participants of the summit called on the

Iranian authorities to adjust their position in the negotiations with

the "Six" about the Iranian nuclear program.

The EU council for international affairs confirmed the decision

of January 23, 2012 on the introduction of embargo from July 1.

Contracts on oil imports should be cancelled before July 1.

In February, Marlene Holzner, press-secretary of the European

Committee, said that the EU has enough oil resources to survive

without Iranian oil for more than four years.

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