Iran Economy NewsU.S. expected to keep oil embargo even if Iran...

U.S. expected to keep oil embargo even if Iran nuclear deal struck

-

Reuters: A unilateral U.S. oil embargo on Iran is expected to remain in place even if a long-term nuclear agreement between Tehran and six world powers is reached that includes an easing of international sanctions, a U.S. official said on Thursday.

 

By Louis Charbonneau

VIENNA (Reuters) – A unilateral U.S. oil embargo on Iran is expected to remain in place even if a long-term nuclear agreement between Tehran and six world powers is reached that includes an easing of international sanctions, a U.S. official said on Thursday.

The embargo pre-dates the decade-long nuclear dispute with Iran. Washington cut off diplomatic ties with Tehran during a hostage crisis shortly following the 1979 Islamic Revolution and began imposing sanctions around the same time.

“The American domestic oil embargo is expected to remain in place even if a comprehensive agreement is reached,” the U.S. official told Reuters on condition of anonymity.

Western diplomats say U.S. companies would be unhappy about being left out if European Union and U.N. sanctions are lifted, allowing non-U.S. firms to resume business with the Islamic Republic. Iranian officials say they would have no problem with American oil companies returning to Iran.

The U.S. official spoke after Iran and the six powers – Britain, China, France, Germany, Russia and the United States – agreed on an agenda and schedule for talks aimed at ending the dispute over Tehran’s nuclear ambitions.

Earlier, a senior U.S. official said the United States would like to see sanctions lifted, but that cannot happen until an agreement on Iran’s nuclear project is reached. Another U.S. official said those remarks referred only to sanctions imposed after the dispute over the nuclear program broke out in 2002.

(Additional reporting by Fredrik Dahl and Parisa Hafezi; Editing by Larry King)

Latest news

Tunnel Entrances at Isfahan Nuclear Site Blocked, According to The Telegraph

The Telegraph reported in a new article, citing satellite imagery, that the Iranian regime has moved to block three...

21-Hour Negotiations Between United States and Iranian Regime End with No Results

According to Reuters, after 21 hours of intensive talks between representatives of the United States and the Iranian regime...

A Fresh Wave of Arrests and Judicial Repression in Iran

As the widespread repression of citizens continues across different parts of Iran, the intelligence and law enforcement bodies of...

Details of the Execution of six PMOI Members

Following the execution of six prisoners affiliated with the People’s Mojahedin Organization of Iran (PMOI/MEK) by Iranian regime security...

International Conference Condemns Rise in Iran Executions, Voices Support for NCRI

An international conference was held near Paris on April 10 to protest the recent rise in executions in Iran....

Amnesty International: Internet Access Is a Fundamental Human Right and Must Be Restored Immediately

As Iran continues to experience one of its longest internet disruptions, Amnesty International on Friday, April 10, pointed to...

Must read

US professors travel to Iran to discuss Occupy Wall Street movement

Fox News: The Occupy Wall Street movement may be...

A diplomatic insurance policy against Iran

Washington Post: A diplomatic breakthrough resulting in a peaceful and...

You might also likeRELATED
Recommended to you