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EU deadline for review of Iran oil embargo
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It is the final day for EU member states to review the oil embargo on Iran.
The embargo is scheduled to come into force by July 1, but the EU has promised Greece to review the effect of a full embargo first. Greece is one of the EU member states that could be affected most by the embargo.
Recently however, Greece has said it is able to handle the embargo. The review, initially set for May 1, was therefore postponed by a month.
The EU embargo was drafted as a response to Iran's nuclear program and is to stop Iran from exporting oil to the EU.
The embargo is scheduled to come into force by July 1, but the EU has promised Greece to review the effect of a full embargo first. Greece is one of the EU member states that could be affected most by the embargo.
Recently however, Greece has said it is able to handle the embargo. The review, initially set for May 1, was therefore postponed by a month.
The EU embargo was drafted as a response to Iran's nuclear program and is to stop Iran from exporting oil to the EU.
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