Iran’s OPEC governor, Mohammad Ali Khatibi, scoffed at a proposed European Union embargo on Iranian oil as “economic suicide” for Europe.
European states are considering whether to join the US in its bid to further isolate Iran by outlawing transactions with Iran’s central bank, which would make it harder for customers to pay for Iranian oil and thereby reduce Iranian oil shipments.
“Regarding the economic crisis in the eurozone, imposing any sanction on Iran’s oil will push European countries into a deeper crisis,” Khatibi said.
Iran sells approximately 20% of its oil exports to Europe.
Jewish Press Staff
About the Author:
If you don't see your comment after publishing it, refresh the page.
Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.
If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.