Arab Today, arab today iranian parliament to study ban on oil exports to europe
Last Updated : GMT 08:53:10
Arab Today, arab today
Arab Today, arab today

Iranian parliament to study ban on oil exports to Europe

Arab Today, arab today

Arab Today, arab today Iranian parliament to study ban on oil exports to Europe

Tehran - Xinhua

The National Security and Foreign Policy Commission of Iran\'s Majlis (parliament) is set to study Tuesday a plan that may put bans on Iran\'s oil exports to the European Union (EU) states, the state IRIB TV website reported. Deputy head of the Majlis National Security and Foreign Policy Commission, Hossein Ebraimi, said Tuesday that \"the plan to stop oil exports to Europe will be studied in the Majlis commission with the officials of Oil Ministry today,\" according to IRIB. \"We need to adopt proper response to Iran\'s oil sanction (by the EU),\" Ebraimi was quoted as saying. The sanction on Iran\'s oil by the EU is in fact \"a suspension,\" that is, the EU states have postponed the sanctions to six months later in order to pass the winter in which they need more oil, he was quoted as saying. The objective of this postponement is to find substitutes for Iran\'s oil during this time and to prevent their refineries\' closure, he said, adding that by this they want to make sure of not losing anything. A senior Iranian lawmaker said Monday that the EU\'s ban on oil imports from Iran will be a \"hefty economic loss\" for Europeans. \"Countries which voted for (oil) sanctions against Iran have been unaware of the impact that this measure will have on them and have been unable to understand hefty economic losses which they will suffer under these critical conditions,\" said Esmail Kowsari, a member of the Majlis National Security and Foreign Policy Commission. Kowsari said Iranian lawmakers had prepared a bill to stop oil exports to the EU. The bill was in final stages of approval and would give a suitable response to the West\'s hostile measures against Iran, he said. The lawmaker said that stopping oil exports to the EU by Iran would deal a heavy blow to hundreds of European refineries. In the past few days, some Iranian lawmakers said Iran\'s Majlis would discuss a bill over a ban on oil exports to the EU. However, the Majlis Energy Commission said Sunday that no bill had been drafted or brought to the legislature regarding that matter. Iranian Oil Minister Rostam Qasemi said Sunday that his country would soon stop oil exports to certain EU members. \"According to the Oil Ministry\'s future plans, we will cut our exports to certain countries\" in response to the EU\'s recent oil embargo against Iran, Qasemi told reporters. \"Less than 20 percent of Iran\'s oil exports are destined for Europe\" and the EU sanctions would take a heavy toll on the European people, Qasemi said, adding that the embargo would not create a problem for Iran\'s oil exports even if sales to Europe were halted. The EU foreign ministers decided last week to embargo Iran\'s oil and related products, causing investors to worry about the global oil supplies as Tehran had threatened in retaliation to close the Strait of Hormuz, a key shipping lane for the trade. Major EU importers of Iran\'s oil, such as Greece, Italy and Spain, have to find alternative oil suppliers until July 1, when the embargo comes into force.

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*

Arab Today, arab today iranian parliament to study ban on oil exports to europe Arab Today, arab today iranian parliament to study ban on oil exports to europe

 



Arab Today, arab today

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*

Arab Today, arab today iranian parliament to study ban on oil exports to europe Arab Today, arab today iranian parliament to study ban on oil exports to europe

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
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