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Europe gripped Iranian oil

posted on: Jan 24 2012 9:5 by RDugey. Viewed 33 times.

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Europe imposed yesterday Monday oil embargo unprecedented against Iran, held by United States, who has promised to tighten the sanctions against the banking Iranian system, in order to curb the development of its controversial programme nuclear.

To mitigate the consequences of the measure in European countries dependent on Iranian, such as Spain or Greece oil, very threatened by the debt crisis, the Foreign Ministers of the 27 countries of the EU, meeting Monday in Brussels yesterday, agreed an embargo which will enter into force on July 1.

The leaders of Germany, France, and Great Britain, Angela Merkel, Nicolas Sarkozy and David Cameron respectively, joined pressure calling for the "immediate" suspension of the "sensitive nuclear activities" Tehran.

, However, responsible for Iranians glossed the impact of the embargo, saying it will only help to raise crude oil prices. "Currently, can Iran" u000asell its oil to any country (...) "With the sanctions, the oil price will increase," said Ali Adiani, Member of the Parliament's Energy Committee.

Prices on the rise
the oil prices ended bullish yesterday Monday in New York, following the European decision. "Light sweet crude" barrel (WTI) for March delivery gained 1.25 $99.58 $ in the New York Mercantile Exchange.

The Agreement prohibits the European countries to establish new contracts in the oil sector with Iran, second-largest producer in OPEC after Saudi Arabia, as a punishment for its nuclear program, which the West aims pump atomic.

Will also be imported petrochemical products and illegal export of equipment and technology for this sector, key in the economy Iranian.

EFE Europeans provide for a transitional phase for the cancellation of existing contracts until July 1, to give u000atime your partners more dependent on Iranian crude oil, including Spain, Italy and Greece, to find alternatives to the import of crude oil.

"A threat"
"Iran has become a threat to the world, a threat to the region and a threat to its own people," said Spanish Chancellor, José Manuel García-Margallo.

"Therapy is a dual therapy: on the one hand the establishment of sanctions, and on the other hand, the attempt that those sanctions to lead Iran to the negotiating table again and a constructive dialogue can be established", added.

The President of United States, Barack Obama, yesterday welcomed the decision of the EU which demonstrates "once more the unity of the international community to the serious threat that it represents Iran's nuclear programme".

( )
More threats on the Strait of Hormuz

two Iranian legislators arreciado eayer Monday threats to close the u000aStrait of Hormuz, through which one-fifth of world crude, in retaliation for sanctions imposed on the export of Iranian crude.

Iran repeatedly warned that it will close the Strait if sanctions affect its exports of crude oil and both legislators enardecieron Monday that rhetoric. The legislator Mohammad Ismail Kowsari, Deputy Director of the National Security Committee, said that the Strait will be permanently closed if it is violated in any way the sale of Iranian oil. Kowsari said that where the Strait is closed, United States and its allies will open again this route and warned Washington that he doesn't Board in a "military adventure". Another legislator, Heshmatolá Falahatpishé, said that Iran has the right to close the Strait of Hormuz.



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