Results tagged “Iran”
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The European Union banned Iranian oil imports. British and French naval ships joined the US carrier group in the Strait of Hormuz. The UN's nuclear watchdog agency confirmed it would send a mission to Iran by the end of January.
Japan said it would continue to cut imports of Iranian oil. The major powers said they were open to renewed talks with Iran. After Iranian warnings, a US aircraft carrier sailed into waters off Iran. The UK banned Iranian state TV from British airwaves.
Russia said a military assault on Iran could cause a "chain reaction" that would destabilize the world. The US said it was ready for any contingency and that Iran was helping Syria export oil and evade sanctions. The EU is expected to agree on an oil embargo against Iran and a freeze on the assets of its central bank on Monday.
Europe is expected to agree to ban the import of Iranian oil by the end of the month. Saudi Arabia said it could make up for the loss of Iranian oil exports. Iran warned Gulf Arab states they would suffer consequences if they raised oil production to replace Iranian oil.