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European Union Imposes Oil Embargo on Iran

Submitted on January 24, 2012

By Peter Symonds - WSWS

European Union (EU) foreign ministers meeting in Brussels yesterday imposed far-reaching economic sanctions on Iran, including an embargo on Iranian oil imports that will come into full force in July. The embargo is an act of economic war that heightens the danger of a slide into military hostilities in the Persian Gulf...The EU sanctions are comprehensive, hitting every aspect of Iran’s oil industry.

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  • Feed: Mostly Water News
  • Original article

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