• Inside Labour

    Terry Bell explores the connection between poultry, poverty and desperation.

  • A new ANC sweeper?

    Have the Guptas' new auditors mastered how to look the other way on cue, asks Solly Moeng.

  • Strategy for the big boys

    Formulating strategy across the span of huge companies is a marathon, says Ian Mann.

All data is delayed
Loading...
See More

EU could review Iran oil ban 'soon'

Apr 20 2012 12:14
Reuters
Brussels - European Union member governments could in the next two months review an embargo on Iranian oil imports due to take effect in July, a senior EU official said on Friday.

The bloc’s 27 governments agreed in January to ban purchases of Iranian crude in an effort to increase pressure on Tehran over its nuclear programme.

But they agreed to review the plan before May, because of concerns over the impact of the embargo on global crude prices and the ability of some EU governments - particularly Greece - to find alternative supplies.

“So far, Greece has come back to us saying that for the time being they seem to be able to handle the situation,” the official said, speaking on condition of anonymity.

“They asked for a possibility of coming back to this in May or maybe June.”
european union

NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
2 comments
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

SMALL BUSINESS

Marketing is a big concern in SA's small business community, followed by a lack of confidence and partnering with the wrong people, according to a survey.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

The drop in inflation:

Previous results · Suggest a vote

Loading...