Iran: EU will not impose oil sanctionsDecember 11, 2011 - 15:43 AMT PanARMENIAN.Net - Iran said Sunday, December 11, the European Union “definitely” will not impose sanctions on the country's oil exports as the measure will harm the global crude market, the Oil Minister Rostam Qasemi said. “Our policy is sustainable supply of oil to Europe … Iran is a major oil producer and any sanctions on our oil export will definitely harm the global market,” Qasemi told a news conference. EU leaders called Friday, December 9, for more sanctions against Iran by the end of January, in an effort to increase pressure on Tehran over its nuclear program, which the United States and its allies say is a cover to build bombs. Tehran denies this, Reuters reported. 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 | Court in Azerbaijan extends former Karabakh leader’s arrest by 5 months The Binagadi District Court in Azerbaijan has granted the prosecutor’s petition to extend the arrest of Arkady Ghukasyan. Ucom General Director joins High-Tech Development Panel Discussion The discussion was titled "The Role of International Corporations and Investors as Catalysts for Development of High-Tech Ecosystem." U.S. still believes “peace is possible” between Armenia, Azerbaijan The United States continues to believe that peace is possible between Armenia and Azerbaijan, Vedant Patel says. Dozens detained as antigovernment protest continue in Armenia At least 63 people demanding Prime Minister Nikol Pashinyan’s resignation were detained on May 14 as they blocked streets in Yerevan. |