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Tag Archives: embargo
EU oil embargo on Iran takes effect. Gulf braced for backlash, Hormuz closure
The European oil embargo taking effect Sunday, July 1 blocks the sale to European Union members of 1 million, or one third, of Iran’s daily output of 3.3 million barrels a day. EU insurance firms, the biggest in the world, … Continue reading →
Posted in Editorial
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Tagged embargo, Iran, NC Renegade, Oil, Saudi Arabia, Strait of Hormuz
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Comments Off on EU oil embargo on Iran takes effect. Gulf braced for backlash, Hormuz closure
Iranian Checkmate? Oil Embargo on the European Union to Be Announced
It appears that the news concerning the demise of Iran Daily was premature: only one day’s suspension for supporting Ahmadinejad over the opposition party. The stories below detail the Iranian response to the implementation of the European Union’s oil embargo. … Continue reading →
Posted in Editorial, Energy, War
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Tagged embargo, EU, European Union, Iran, NC Renegade, Sanctions
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Comments Off on Iranian Checkmate? Oil Embargo on the European Union to Be Announced