 Iran urges EU to review oil embargo February 4, 2012 - 15:05 AMT PanARMENIAN.Net - Iran's Oil Minister Rostam Qasemi said Saturday, February 4 that Iran will definitely stop its oil exports to certain European countries, Xinhua news agency reported. Qasemi did not identify the countries but his remarks came after the European Union (EU) leaders endorsed last Monday the latest restrictive sanction measures on Iran's oil exports adopted by the EU foreign ministers on Jan 23. During a press conference on Saturday he called on the EU states to review their decision on the oil embargo on Iran, saying that EU states' oil imports from the Islamic republic comprised just 18 percent of its total oil exports. "Unfortunately the EU has succumbed to America's pressure. I hope they would review their decision on sanctioning Iran's oil exports ... the oil market is balanced," Reuters quoted him as Rostam Qasemi saying. Late in January, Qasemi said that according to the Iranian Oil Ministry's future plans, "we will cut our exports to certain countries" in response to EU's recent oil embargo against Iran. He said that less than 20 percent of Iran's oil exports are destined for Europe and the EU sanctions will take a heavy toll on the European people, adding that the embargo would not create a problem for Iran's oil exports even if sales to Europe were halted.   Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads.   Partner news |  Latest news Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals  Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation.Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush.Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year.Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. |
