Sunday, July 1, 2012

EU Begins Boycott Of Iranian Oil



EU Begins Boycott Of Iranian Oil -- Deutsche Welle

Beginning July 1, the European Union ceased buying Iranian oil. Brussels hopes the move will force Iran to the negotiating table over its controversial nuclear program. Will this strategy work?

The EU has upped the ante in the ongoing confrontation with Iran. Iranian oil tankers will only be allowed to dock in European ports again when Tehran enters into serious negotiations about its nuclear program. The EU and the United States accuse Iran of developing nuclear weapons. Iran, however, denies this, and insists on its right to use nuclear energy for peaceful purposes.

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More News On The EU Beginning It's Boycott Of Iranian Oil

EU's Embargo on Iran Oil Goes Into Effect -- Wall Street Journal
Iran vows to confront "malicious" embargo -- Reuters
Iran ready to battle 'dastardly' EU sanctions -- RT
Iran feels pinch of new EU oil sanctions -- FOX News/AP
Iran shrugs off EU oil embargo -- AFP
Iran shrugs off latest EU oil embargo -- Al Jazeera
Iran 'prepared' for EU sanctions, threatens Israel -- Jerusalem Post
Iran fights oil embargo with £150bn reserve -- The Guardian
Iran-Oil Sanctions Risk Biggest OPEC Export Loss Since Libya -- Bloomberg Businessweek
Clinton Says Sanctions Pushing Iran Toward Negotiations -- Bloomberg Businessweek
European sanctions on Iran will have little impact on the region -- Gulf News
Iran seeks emergency meeting of Opec as sanctions take a toll -- The National
Report: Iran calls for OPEC emergency meeting in response to oil selling below $100 -- Washington Post/AP
Iran urges emergency OPEC meet as price drops -- Reuters

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