News / Middle East

US Expected to Keep Oil Embargo Regardless of Iran Nuclear Deal

European Union foreign policy chief Catherine Ashton (L) and Iranian Foreign Minister Mohammad Javad Zarif deliver a statement after a conference in Vienna, Feb. 20, 2014.
European Union foreign policy chief Catherine Ashton (L) and Iranian Foreign Minister Mohammad Javad Zarif deliver a statement after a conference in Vienna, Feb. 20, 2014.
Reuters
A unilateral U.S. oil embargo on Iran is expected to remain in place even if a long-term nuclear agreement between Tehran and six world powers is reached that includes an easing of international sanctions, a U.S. official said on Thursday.

The embargo pre-dates the decade-long nuclear dispute with Iran. Washington cut off diplomatic ties with Tehran during a hostage crisis shortly following the 1979 Islamic Revolution and began imposing sanctions around the same time.

“The American domestic oil embargo is expected to remain in place even if a comprehensive agreement is reached,” the U.S. official told Reuters on condition of anonymity.

Western diplomats say U.S. companies would be unhappy about being left out if European Union and U.N. sanctions are lifted, allowing non-U.S. firms to resume business with the Islamic Republic. Iranian officials say they would have no problem with American oil companies returning to Iran.

The U.S. official spoke after Iran and the six powers - Britain, China, France, Germany, Russia and the United States - agreed on an agenda and schedule for talks aimed at ending the dispute over Tehran's nuclear ambitions.

Earlier, a senior U.S. official said the United States would like to see sanctions lifted, but that cannot happen until an agreement on Iran's nuclear project is reached. Another U.S. official said those remarks referred only to sanctions imposed after the dispute over the nuclear program broke out in 2002.

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by: pirooz from: india
February 20, 2014 3:57 PM
This dispute between the us and iran gonna destfoy the region and make no benefit for us,the us officials need more stabilization in the region and if they persue peace bet israel and arabs ,so americans are really crippled to solve middle east problems and this dream come true with iran only ,iran can be a solotion for many countries in the region such as palestine,syria and saudi.moreover it help stablize the existance of israel .the saudy not only could bring peace to region but also they are training al quada for syria which is a great danger for iraq ,israel and the region stabilization itself

by: MikeBarnett from: USA
February 20, 2014 2:30 PM
The US continues to weaken its relative position in the world by reducing its trade. US sanctions on Iran raise oil prices and strengthen Saudi Arabia, the country from which Osama bin Laden and 15 of the 9-11 hijackers came and the land of Wahabism, the religious extremism practiced by al Qaeda. The US weakens itself to improve Russia's development of Siberian oil and gas that sits next door to China's industrial production centers. China, India, and Japan buy the Iranian oil that the US refuses to buy, and they gain the economic and commercial benefits of another oil source and another market for their products. The US defeats itself.

by: Ali Reza from: Iran
February 20, 2014 11:29 AM
hey America, why you do that? why - because Saudis. let me tell you America Saudis are not your friends. Saudis are the source of all evil in ME - in fact Saudis are your enemies. they are the enemies of Israel. We have hate only for Saudis not for you or for Israel.

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