Iran General NewsRome meeting analyses Iran oil embargo

Rome meeting analyses Iran oil embargo

-

Reuters: Diplomats from a so-called “group of like-minded nations” met in Rome on Tuesday to discuss further sanctions against Iran, diplomatic sources said.

ROME (Reuters) – Diplomats from a so-called “group of like-minded nations” met in Rome on Tuesday to discuss further sanctions against Iran, diplomatic sources said.

The closed-door meeting is taking place under the auspices of the Italian foreign ministry and participants considered it a “technical meeting,” an Italian diplomatic source said.

Diplomats said it would consider the arguments around a possible EU oil embargo against Iran. A decision may be made when EU foreign ministers next meet in January.

No decisions are expected to emerge from Tuesday’s meeting.

Participants are countries that have imposed bilateral sanctions on Iran over its nuclear program that go beyond U.N. Security Council sanctions.

The group includes the United States, the European Union and several European nations, Australia, Japan, South Korea and other countries but it was not clear if all of them were represented. The United States is attending.

The small informal group has been meeting for two years and its goal is to share information and discuss the next steps in the sanctions process.

The United States has long banned Iranian crude imports and last week Congress voted through restrictions on dealing with the Iranian central bank. The White House must decide whether or not to grant waivers to major Iranian oil importers like China, India and South Korea that need to deal with the bank to pay for Iran’s crude.

(Reporting By Philip Pullella, additional reporting by Roberto Landucci in Rome)

 

Latest news

Sharp Decline in the Value of the Iranian Rial Against the U.S. Dollar

The decline in the value of the rial in Iran has entered a new phase amid intensified U.S. financial...

The IRGC Fears Protests and Uprisings by Iranian People

The Islamic Revolutionary Guard Corps (IRGC) Intelligence Organization issued a statement warning about the possibility of a new wave...

Widespread security arrests by the Iranian regime in various cities

The Iranian regime's Ministry of Intelligence announced the arrest of 30 citizens in the counties of Mahallat and Nimvar....

The Iranian regime’s policies have caused structural hyperinflation

The Statistical Center of Iran reported a 128.6% increase in the prices of food items in August compared with...

The plundering of insurance funds has brought Iran’s healthcare and medical system to the brink of collapse

More than 4,300 pharmacies operating in Tehran are on the verge of closure due to unpaid insurance claims. Bahman Sabour,...

Iran: Long Fuel Lines Form in Wake of 17-Million-Liter Daily Gasoline Shortages

Mohammad-Jafar Ghaem-Panah, executive deputy to the president of Iran's regime, admitted that the regime is unable to import gasoline due...

Must read

Iran Breaches Nuclear Deal Further

By Pooya Stone Iran’s enriched uranium stockpile reached 370...

In Brief

Iran Focus:Earthquake shakes southwestern Iran850 workers from Mashad go...

You might also likeRELATED
Recommended to you