TV News LIES

Monday, Sep 14th

Last update09:08:33 AM GMT

You are here News International New E.U. rules let Iran import, export oil and gas, breaking from U.S. policy

New E.U. rules let Iran import, export oil and gas, breaking from U.S. policy

E-mail Print PDF

EU rules defy US embargoThe United States and Europe have worked cooperatively on Iran policy since President Obama took office, but a small crack might have begun to open over sanctions that are beginning to pinch ordinary Iranians.

The European Union issued regulations this week that went well beyond a U.N. Security Council resolution passed in June, outlining tough restrictions on the sale of equipment and technology to the Iranian oil and gas industry, as well as on investment in those sectors. But the regulations - unlike legislation passed by the U.S. Congress - allow for the import and export of oil and gas to the Islamic Republic.

"If you want to send a tanker filled with refined petrol to Iran, and you have proved that you are not carrying any other goods that we deem illegal, Europe has no problem," said a European official who specializes in sanction policies and spoke on the condition of anonymity because of the sensitivity of the subject. "We don't want any negative effect on the Iranian population or to deprive them of energy, so we do not follow U.S. measures that go beyond United Nations sanctions."

The E.U. will also permit financial transactions needed to import of oil and gas to Iran. The United States, by contrast, penalizes companies if they sell gasoline to Iran, and has increased pressure on international oil companies and refineries to cancel their contracts with the country.

More...


Most Recent Related Stories...


Houthis eye 'full control' of Bab el-Mandeb, as Saudi-backed forces reel from offensive

Houthhis attack Saudi baseYemen's Houthi fighters' rapid advance along the Red Sea coast has put them in a prime...

Banning trade with illegal Israeli settlements is a start, but Labour must not stop there

anning trade with settlers is a beginningShortly before taking office, Andy Burnham, the new prime minister, apologised for our party’s initial response...

MEE: UK sanctions on Israeli settlements to include those in Syria's Golan Heights

UK PM Andy BurnhamThe UK's new sanctions on illegal Israeli settlements include those in the occupied Golan Heights as...

Sanctions on Israeli settlements: Here’s what Europe is saying and doing

 Countries opposing goods from settlersRelations between Israel and European states have deteriorated after the UK led moves on Tuesday to...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!