Iran Poised to Halt Oil Exports to EU

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RIA Novosti, PUBLISHED February 15, 2012

The Iranian parliament said on Tuesday it could pass legislation to stop oil exports to some EU states in response to their efforts to enforce sanctions against Iran, Press TV reported.

Majlis Speaker Ali Larijani said the House Committee on National Security and Foreign Policy has been discussing the issue.

In late January the EU approved the introduction of the embargo on Iranian oil exports. Iran in response threatened to block the Strait of Hormuz, a major export route for oil supplies from the Middle East.

Western powers and Israel suspect Iran of seeking to build nuclear weapons. Iran denies this, saying its program is of a civilian nature. Speculation has been building that Israel is considering a preemptive strike on Iran's nuclear facilities.

Topics: Europe, Iran

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