European Union
Gary Clyde Hufbauer The European Union imposed new sanctions on Iran’s financial, energy, trade, and transport sectors on October 15. What impact will these measures have on Iran’s economy? Oil and gas account for close to 90 percent of Iran’s exports. Anything that…
On October 15, White House Press Secretary Jay Carney said that “Iran is under more pressure than ever before” thanks to new E.U. sanctions on its financial, trade, energy and transport sectors. At a separate press briefing, U.S. State Department Spokesperson Victoria Nuland clarified…
On October 15, the European Union targeted Iran’s nuclear program with new sanctions on its financial, energy, trade, and transport sectors. The E.U. Council condemned Tehran’s “continuing production of enriched uranium” and “flagrant violation of its international obligations.”…
Iran announced on Feb. 19 that it would halt all oil sales to France and Britain, a response to new EU sanctions on Iranian oil imports due to go into effect this summer. But the top 10 European economies actually acquire only a modest share of their oil from Iran. The following are EU statistics…
President Obama’s Statement on EU’s New Iran Sanctions, on Jan. 23 I applaud today’s actions by our partners in the European Union to impose additional sanctions on Iran in response to the regime’s continuing failure to fulfill its international obligations regarding its nuclear program. These…
Michael Adler in Istanbul Why did talks between Iran and the world’s six major powers in Istanbul January 21-22 fail to produce any agreement or significant movement toward a compromise?The talks deadlocked after Iran imposed two preconditions on any deal designed to assuage fears that the…