European Union agrees on Iran oil embargo

European Union nations have agreed on an oil embargo against Iran as part of sanctions over its nuclear programme.

Diplomats in Brussels said the EU foreign ministers would officially adopt the measures later Monday that were hashed out by the 27 ambassadors.

The measures include an immediate embargo on new contracts for crude oil and petroleum products while existing ones are allowed to run until July.

“I am confident that the EU will give a resolute answer today to Iran’s refusal to fulfill its international obligations on the nuclear programme,” German Foreign Minister Guido Westerwelle said ahead of the official adoption by the foreign ministers.

Foreign Secretary William Hague urged Iran to “come to its senses” and resume negotiations on its nuclear programme after Britain, America and France sent six warships through the highly sensitive waters of the Strait of Hormuz.

Continue reading article: European Union agrees on Iran oil embargo (Telegraph)

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