Iran Economy NewsItaly looks to persuade its firms to drop Iran...

Italy looks to persuade its firms to drop Iran oil

-

Reuters: Italy believes sanctions should be tightened against Iran, and is seeking to persuade its companies to stop buying Iranian oil, the spokesman for Italy’s Foreign Ministry said on Friday.

ROME, Nov 25 (Reuters) – Italy believes sanctions should be tightened against Iran, and is seeking to persuade its companies to stop buying Iranian oil, the spokesman for Italy’s Foreign Ministry said on Friday.

Italy relies on Iran for around 13 percent of its crude oil needs, equivalent to over 10 million tonnes per year (around 200,000 barrels per day).

“We are deeply convinced that we need to strengthen the pressure of sanctions on Iran and we are ready to discuss sanctions measures with our partners,” Foreign Ministry spokesman Maurizio Massari told Reuters.

“We are applying moral persuasion on our companies to diversify their supplies of oil imports,” he added.

Latest news

Iran: Death Sentence of Political Prisoner Manouchehr Fallah Reconfirmed

As pressure against political prisoners in Iran intensifies, reports indicate that a court in Rasht has once again confirmed...

Iran’s Regime Forms New Headquarters for Repression and Control of Cyberspace Amidst Internet Blackouts

As widespread internet disruptions and blackouts continue across Iran, reports indicate the formation of a new body called the...

Secret Execution of Two Kurdish Political Prisoners in Naqadeh Prison, Iran

In the early hours of Wednesday, May 20, the death sentences of two Kurdish political prisoners, Ramin Zeleh and...

City Council Member in Zanjan Runs Over Protesting Worker With Car

The state-run Rouydad24 news website wrote on May 19 regarding the protests by Zanjan municipality workers: "Disregard for workers'...

PMOI Confirms Deaths of Resistance Unit Members During 2025–2026 Iran Uprising

As further details emerge from the nationwide uprising that swept across Iran from late 2025 into early 2026, the...

Urban Poverty in Iran: The Collapse of the Economy of Life in Major Cities

Urban poverty in Iran has now reached a stage where it can no longer be explained merely through income...

Must read

Iran to become regional UNESCO representative

FrontPage: Iran announced plans to become a regional representative of...

Bush: Iran and al-Qaeda are among greatest threats to U.S.

Iran Focus: Washington, DC, Apr. 10 – United States...

You might also likeRELATED
Recommended to you