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EU set to ban Iranian oil imports

Publié par Clifford Armion le 01/05/2012

Amy Willis

Negotiations on the oil embargo have been ongoing since a meeting of European envoys in December, but last night a diplomat announced that a consensus had finally been agreed.

Objections to the oil embargo had previously been lodged by Greece, which gets a third of its oil supplies from Iran. Spain and Italy are also thought to depend heavily on oil from the country.

Formal acceptance of the measures is expected to be finalised by EU foreign ministers on January 30, but are likely to come into force much later. If they are officially agreed, it could result in a spike in petrol prices.

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Pour citer cette ressource :

"EU set to ban Iranian oil imports", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), mai 2012. Consulté le 06/05/2021. URL: http://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/eu-set-to-ban-iranian-oil-imports