News / Europe

EU Agrees to Ban Iranian Oil Imports

Iranian oil technician Majid Afshari, checks the oil separator facilities in Azadegan oil field, some 480 miles (800 kilometers) southwest of the capital, Tehran, Iran, Tuesday, April 15, 2008.
Iranian oil technician Majid Afshari, checks the oil separator facilities in Azadegan oil field, some 480 miles (800 kilometers) southwest of the capital, Tehran, Iran, Tuesday, April 15, 2008.

European Union governments have agreed to ban imports of Iranian oil as part of a Western campaign to pressure Iran over its controversial nuclear program.

EU diplomats said Wednesday the governments of the 27-nation bloc agreed in principle on an Iranian oil embargo but need more time to discuss when to implement the measure. France wants EU foreign ministers to set a date for the embargo at a meeting on January 30.

Western powers accuse Iran of trying to develop nuclear weapons under cover of a civilian energy program, a charge Tehran denies.

U.S. State Department spokeswoman Victoria Nuland welcomed the EU agreement to ban Iranian oil imports, saying other countries should take similar action to "tighten the noose on Iran economically."

The EU is one of Iran's biggest markets for oil, an export that generates most of the Iranian government's revenue.  China is the top buyer of Iranian oil. Some traders say Iran may be forced to offer steep discounts on its oil to attract other buyers and make up for lost exports to the EU.

Diplomats say several EU nations that currently import significant amounts of Iranian crude, such as Greece and Spain, dropped their objections to an embargo, allowing the agreement to be reached.

Turkey is another major purchaser of Iranian oil. Turkish Foreign Minister Ahmet Davutoglu arrived in Tehran Wednesday for talks on bilateral relations and regional issues, including a political crisis in Iraq and an uprising in Syria.

Before departing Turkey, Davutoglu said Ankara is opposed to the escalation of sectarian tensions in countries such as Iraq and Syria. He said Turkey wants to prevent a sectarian Cold War that he warned would be "suicide" for the region.

The United States imposed its toughest financial sanctions yet on Iran at the end of December, penalizing institutions that deal with the Iranian central bank. China criticized the U.S. move Wednesday, saying the issue of Iran's nuclear program should be resolved through diplomacy.

Tehran has responded by threatening to close the strategic Strait of Hormuz, a key shipping lane for global oil supplies.

Some information for this report was provided by AFP, AP and Reuters.

You May Like

Video Is West Doing Enough to Tackle Islamic State?

There is growing uncertainty over whether West’s response to ISIS is adequate More

China Crackdown on Dual Citizens Causes Concern

New policy encourages reporting people who obtain citizenship in another country, but retain Chinese citizenship; move spurs sharp debate More

Video Coalition to Fight Islamic State Could Reward Assad

Losing ground to Islamic State fighters, Syria's government says it is ready to cooperate with international community More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Is West Doing Enough to Tackle Islamic State?i
X
Henry Ridgwell
August 29, 2014 12:26 AM
U.S. President Barack Obama has ruled out sending ground troops to Iraq to fight militants of the so-called Islamic State, or ISIS, despite officials in Washington describing the extremist group as the biggest threat the United States has faced in years. Henry Ridgwell reports from London on the growing uncertainty over whether the West’s response to ISIS will be enough to defeat the terrorist threat.
Video

Video Is West Doing Enough to Tackle Islamic State?

U.S. President Barack Obama has ruled out sending ground troops to Iraq to fight militants of the so-called Islamic State, or ISIS, despite officials in Washington describing the extremist group as the biggest threat the United States has faced in years. Henry Ridgwell reports from London on the growing uncertainty over whether the West’s response to ISIS will be enough to defeat the terrorist threat.
Video

Video Pachyderms Play Polo to Raise Money for Elephants

Polo, the ancient team competition typically played on horseback, is known as the “sport of kings.” However, the royal version for one annual event in Thailand swaps the horse for the kingdom’s national symbol - the elephant. VOA Correspondent Steve Herman in Samut Prakan reports that the King’s Cup Elephant Polo tournament is all for a good cause.
Video

Video Coalition to Fight Islamic State Could Reward Assad

The United States along with European and Mideast allies are considering a broader assault against Islamic State fighters who have spread from Syria into Iraq and risk further destabilizing an already troubled region. But as VOA State Department Correspondent Scott Stearns reports, confronting those militants could end up helping the embattled Syrian President Bashar al-Assad.
Video

Video Made in America Socks Get Toehold in Online Fashion Market

Three young entrepreneurs are hoping to revolutionize the high-end sock industry by introducing all-American creations of their own. And they’re doing most of it the old-fashioned way. VOA’s Julie Taboh recently caught up with them to learn what goes into making their one-of-a-kind socks.
Video

Video Americans, Ex-Pats Send Relief Supplies to West Africa

Health organizations from around the world are sending supplies and specialists to the West African countries that are dealing with the worst Ebola outbreak in history. On a smaller scale, ordinary Americans and African expatriates living in the United States are doing the same. VOA's Carol Pearson reports.
Video

Video America's Most Popular Artworks Displayed in Public Places

Public places in cities across America were turned into open-air art galleries in August. Pictures of the nation’s most popular artworks were displayed on billboards, bus shelters, subway platforms and more. The idea behind “Art Everywhere,” a collaborative campaign by five major museums is to allow more people to enjoy art and learn about the country’s culture and history. Faiza Elmasry has more.
Video

Video Chinese Doctors Use 3-D Spinal Implant

A Chinese boy suffering from a debilitating bone disease has become the first patient with a part of his spine created in a three-dimensional printer. Doctors say he will soon regain normal mobility. VOA’s George Putic reports.
Video

Video Uneasy Calm Settles Over Israel, Gaza Strip

Israel and the Gaza Strip have been calm since a cease-fire set in Tuesday evening, ending seven weeks of hostilities. Hamas, which controls Gaza, declared victory. Israelis were more wart. VOA’s Scott Bobb reports from Jerusalem.
Video

Video India’s Leprosy Battle Stymied by Continuing Stigma

Medical advancements in the treatment of leprosy have greatly diminished its impact around the world, largely eliminating the disease from most countries. India made great strides in combating leprosy, but still accounts for a majority of the world’s new cases each year, and the number of newly infected Indians is rising - more than 130,000 recorded last year. Doctors there say the problem has more to do with society than science. Shaikh Azizur Rahman reports from Kolkata.
Video

Video Scientists Unlock Mystery of Bird Flocks

How can flocks of birds, schools of fish or herds of antelope suddenly change direction -- all the individuals adjusting their movement in concert, at seemingly the same time? British researchers now have some insights into this behavior, which has puzzled scientists for a long time. VOA's George Putic has more.

AppleAndroid