us in talks with europe and arabs on iran oil embargo
Last Updated : GMT 08:07:15
Arab Today, arab today
Arab Today, arab today

U.S. in talks with Europe and Arabs on Iran oil embargo

Arab Today, arab today

Arab Today, arab today U.S. in talks with Europe and Arabs on Iran oil embargo

Washington - AFP

The United States, its European allies and key Arab states are intensifying talks on how to maintain stability in the global energy markets in case of a formal embargo on Iran\'s oil exports and its central bank, The Wall Street Journal reported late Sunday. Citing unnamed U.S. and European officials, the newspaper said such an embargo would constitute the most direct economic confrontation yet between Iran and the West. Iran has repeatedly threatened to close the Strait of Hormuz if such an embargo is introduced. The West alleges Tehran is seeking to acquire a weapons capability under the guise of its nuclear research program. Iran denies any such ambition and says its work is only for civil energy and medical purposes. In recent weeks, Iranian officials have insisted the country was ready to face new sanctions against the oil sector and central bank. U.S. and European officials have indicated they are seeking assurances from major oil producers, such as Saudi Arabia, Kuwait and the United Arab Emirates, to increase exports to the European Union and Asian nations if tighter sanctions on Tehran\'s energy exports and central bank are enforced in the coming months, the Journal report said. These officials said there is also a growing discussion with emerging oil exporters -- such as Libya, Iraq, Ghana and Angola -- to increase their production capacities to guard against any shortages caused by the West’s economic campaign against Iran, The Journal noted. “If properly implemented, countries will trend away from Iranian supply,” the paper quoted a European official as saying. “There are lots of conversations going on with Saudis at various levels on this.” Representatives from 11 countries involved in the financial war against Tehran will meet on Tuesday in Rome as part of a group that has been informally dubbed the “coalition of like-minded countries,” The Journal recalled. U.S., European and Arab diplomats said Iran’s oil exports and global energy prices will be key issues discussed at that session, which Western diplomats said will include foreign ministry and finance officials from all the Group of Seven leading industrial nations, along with South Korea, Australia, Saudi Arabia and the United Arab Emirates, the report said. In addition to energy policy, the conference will focus on sanctions on Iran\'s finance and transportation sectors, and ensuring the free flow of information into Iran, the paper noted.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

us in talks with europe and arabs on iran oil embargo us in talks with europe and arabs on iran oil embargo

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

us in talks with europe and arabs on iran oil embargo us in talks with europe and arabs on iran oil embargo

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today The Big Apple bike boom

GMT 10:47 2017 Wednesday ,22 November

The Big Apple bike boom
Arab Today, arab today Sophian Yussef reveals suitable decoration

GMT 02:56 2017 Thursday ,23 November

Sophian Yussef reveals suitable decoration
Arab Today, arab today Syria opposition meets in Riyadh

GMT 06:23 2017 Thursday ,23 November

Syria opposition meets in Riyadh
Arab Today, arab today 'Advanced' cyber attack targets Saudi Arabia

GMT 10:18 2017 Wednesday ,22 November

'Advanced' cyber attack targets Saudi Arabia
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today Srebrenica women cry tears of joy

GMT 08:03 2017 Thursday ,23 November

Srebrenica women cry tears of joy
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today 'Robo-taxis' hold promise, and perils

GMT 08:07 2017 Thursday ,23 November

'Robo-taxis' hold promise, and perils
Arab Today, arab today Honda recalls 800,000 minivans

GMT 11:43 2017 Wednesday ,22 November

Honda recalls 800,000 minivans
Arab Today, arab today Singer Jahda Wahba has unlimited ambitions

GMT 07:56 2017 Monday ,20 November

Singer Jahda Wahba has unlimited ambitions
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 09:23 2017 Saturday ,18 November

Fedra happy for “Between Two Worlds” success

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts

GMT 13:41 2017 Tuesday ,21 November

French choke up over proposal

GMT 00:44 2017 Monday ,20 November

Japanese regulators raid Airbnb

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday