The European Union on Monday agreed to ban most Russian oil imports by the end of the year as part of new measures designed to punish the Kremlin over its invasion of Ukraine.
Responding to the measures, Mikhail Ulyanov, Russia’s permanent representative to international organizations in Vienna, said the oil ban reflects negatively on the bloc.
“As she rightly said yesterday, #Russia will find other importers,” Ulyanov said via Twitter, referring specifically to European Commission President Ursula von der Leyen.
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Russia oil: Moscow says it will find other importers after EU ban
Showing posts with label Oil Embargo. Show all posts
Showing posts with label Oil Embargo. Show all posts
5/31/22
4/25/12
Europe coughing up cash for US military gamble in Iran says analyst
Europeans should question why they are being asked to pay for an American-Israeli adventure in Iran during a time of unprecedented austerity, political analyst Chris Bambery told RT.
Iran says it will definitely put a swift stop to oil exports to "certain" European countries. A possible cut in supplies to other EU states is still under discussion.
The move comes in response to an EU oil embargo scheduled to come into force on July 1.
Political analyst Chris Bambery believes Tehran is referring to leading European powers like Britain and France when it refers to “certain” countries. He cites well-documented Western fears of Iranian-directed terrorist attacks in the US and Europe and Tehran's possession of missiles capable of reaching both.
For more: Europe coughing up cash for US military gamble in Iran - analyst — RT
Iran says it will definitely put a swift stop to oil exports to "certain" European countries. A possible cut in supplies to other EU states is still under discussion.
The move comes in response to an EU oil embargo scheduled to come into force on July 1.
Political analyst Chris Bambery believes Tehran is referring to leading European powers like Britain and France when it refers to “certain” countries. He cites well-documented Western fears of Iranian-directed terrorist attacks in the US and Europe and Tehran's possession of missiles capable of reaching both.
For more: Europe coughing up cash for US military gamble in Iran - analyst — RT
2/17/12
Dire straits for Turkey’s economy - by TAYLAN BİLGİÇ
The 1973 oil embargo by members of the then-OAPEC has become so engraved in collective memory that we are reminded of its disastrous consequences every time there is diplomatic/political friction that involves the Middle East. It is as if our generation “wishes” to witness a similar embargo in a furtive desire to test the limits of our energy dependence!
Maybe because of that, the news Feb. 15 that Iran was halting oil exports to six EU members landed like a bombshell on newsrooms. Iran’s Oil Ministry denied the report minutes later, and the story was molded into something like the issuance of a “warning” that Iran’s oil exports would be cut “unless long-term deals are made and payments by the EU states guaranteed.”
The warning comes as the clock ticks toward the EU’s announced embargo on Iran oil, which takes effect July 1. This “grace period” aims to help EU members find alternative sources without disrupting the oil flow.
A $10 hike in the price of a barrel of crude oil raises Turkish inflation by 0.4 percentage point, while also boosting the nation’s energy import bill by $4 billion. The Turkish Central Bank’s 2012 average oil price estimate stands at $110 per barrel. The economy management thus needs to do the math regarding the outcomes of a regional policy that helps to raise tensions, rather than ease them.
For moreTAYLAN BİLGİÇ - Dire straits for Turkey’s economy
Maybe because of that, the news Feb. 15 that Iran was halting oil exports to six EU members landed like a bombshell on newsrooms. Iran’s Oil Ministry denied the report minutes later, and the story was molded into something like the issuance of a “warning” that Iran’s oil exports would be cut “unless long-term deals are made and payments by the EU states guaranteed.”
The warning comes as the clock ticks toward the EU’s announced embargo on Iran oil, which takes effect July 1. This “grace period” aims to help EU members find alternative sources without disrupting the oil flow.
A $10 hike in the price of a barrel of crude oil raises Turkish inflation by 0.4 percentage point, while also boosting the nation’s energy import bill by $4 billion. The Turkish Central Bank’s 2012 average oil price estimate stands at $110 per barrel. The economy management thus needs to do the math regarding the outcomes of a regional policy that helps to raise tensions, rather than ease them.
For moreTAYLAN BİLGİÇ - Dire straits for Turkey’s economy
2/6/12
Dialogue Best Way to Resolve Misunderstandings between Iran, EU
Chairman of the Iranian parliament's National Security and Foreign Policy Commission Alaeddin Boroujerdi underlined that dialogue is the best way to resolve misunderstandings between Tehran and the European countries, and said Iran is eager to further increase its cooperation with the EU members in all fields.
Fars News Agency :: Senior MP Terms Dialogue Best Way to Resolve Misunderstandings between Iran, EU
Fars News Agency :: Senior MP Terms Dialogue Best Way to Resolve Misunderstandings between Iran, EU
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