Iran General NewsItaly backs Iran sanctions if Eni oil imports excluded

Italy backs Iran sanctions if Eni oil imports excluded

-

Reuters: Italy backs sanctions against Iran provided that crude oil imports by Eni relating to existing contracts are excluded, Prime Minister Mario Monti said on Thursday.

MILAN, Dec 29 (Reuters) – Italy backs sanctions against Iran provided that crude oil imports by Eni relating to existing contracts are excluded, Prime Minister Mario Monti said on Thursday.

Italian oil and gas group Eni has previously said it will not make any new investments in Iran and only intends to complete activities already under way.

Iran has been paying back Eni for decade-old deals in the country with oil for years but Eni CEO Paolo Scaroni has said Eni is still owed nearly $2 billion.

Latest news

 Statistics show that New Year accidents’ deaths in Iran reached 585

Ahmad Shirani, the head of the Information and Traffic Control Center of the Iranian regime’s police, announced that the...

Land Subsidence in Critical Conditions in Isfahan

Mehdi Toghyani, a member of the Iranian regime’s Majlis (parliament), pointed to the occurrence of land subsidence in various...

Iran’s Actual Inflation Rate Higher Than Official Stats

The state-run Donya-e-eqtesad newspaper, in a report analyzing the "general sentiment" regarding inflation in 2023, has stated that households...

Iranian Workers’ Monthly $136 Wages Can’t Cover $500 Expenses

The lives of a significant portion of the Iranian population are marked by uncertainty, largely because the Iranian economy...

Iranian Nurses Earn Twice Their Wages in Ride-Hailing Services

Reza Aryanpour, a member of the regime’s Majlis (parliament) Health and Treatment Commission, highlighted the growing trend of nurses...

Iran: Unprecedented Record of 152 Million Liters of Gasoline Consumption Per Day

On March 19, Iran set a new historical record in gasoline consumption with 152 million liters consumed in one...

Must read

Iran calls on OPEC to hold output target steady

AP: Iran's oil minister said Monday that OPEC nations...

Iran refuses to give back British sailors’ boats, equipment

Iran Focus: Tehran, Iran, Apr. 20 – Iran is...

You might also likeRELATED
Recommended to you