EU « 3/5 « | Kippreport.com

EU readies ban on Iran oil imports, Central Bank sanctions

EU foreign mins target Iranian oil revenues; Grace period to blunt initial impact; Debt woes complicate EU foreign policy

January 23, 2012 2:55

UN makes new bid to break Cyprus impasse

The United Nations will make a new attempt next week to break a deadlock over ethnically split Cyprus as peace talks crucial to Turkey's bid to join the European Union close in on a deadline.

January 22, 2012 11:29

Iran warns Gulf countries not to replace its oil

Iran warned its Arab neighbours on Sunday not to raise crude output to replace Iranian oil in the event of an embargo by the European Union, Tehran's OPEC Governor Mohammad Ali Khatibi was quoted as saying.

January 15, 2012 2:31

EU expected to meet on Iran oil embargo on January 23

The European Union is expected to bring forward a meeting of foreign ministers due to decide on an oil embargo on Iran by one week to January 23, EU diplomats said on Monday.

January 10, 2012 10:58

Iran confirms has $2B oil debt with Italy’s Eni

An Iranian oil official has confirmed that Iran owes Italian energy major Eni some $2 billion worth of oil that Rome is concerned could be put at risk by a European Union embargo on crude imports from the Islamic Republic.

January 9, 2012 11:16

Arabs may take Syria peace plan to UN

In a battle of wills with Syria, the Arab League meets on Wednesday to decide on its next step after a call for troop withdrawal from cities remain unheeded.

December 18, 2011 3:32

EU thinks twice about Iran oil ban

Even though sanctions may likely be implemented by mid-2012, it is becoming increasingly doubtful that an EU-wide ban could be imposed on Iranian Oil, unless China plays along.

December 6, 2011 3:42

Sweden keeps Syrian telecoms firms off EU sanctions list

All other EU states wanted to add telecoms firms to list; Swedish minister says opposition needs mobile phones too

December 3, 2011 7:31

Europe’s Iranian oil ban is affordable but risky

Investors are worried that an EU oil embargo could mean a step closer to military attacks between the West and Iran.

December 3, 2011 12:58

Dubai traders fear sanctions on Iran business

Iran-Dubai export trade has thrived in recent years but the latest sanctions are making Dubai businessmen uneasy with more difficult trade financing and tougher customs inspections.

December 3, 2011 12:41

UAE Central Bank is buying US Govt Debt…Again

EU may not be asking for UAE aid but the Emirates is looking at investing in Greece. Meanwhile the UAE resumes investing in US Treasury bonds at “reasonable” interest rates.

November 30, 2011 2:05

Lebanon will not implement Syria sanctions, EU welcomes Arab League efforts

Lebanon will not implement the Arab League's economic sanctions against Syria, Foreign Minister Adnan Mansour told Reuters on Monday, because it had not agreed to them and believed they could hurt Lebanon.

November 28, 2011 3:05

Iran says has no oil expert to France to be sanctioned

Iran said on Friday it had no crude exports to France, which could be subjected to sanctions over the Islamic state's disputed nuclear programme, the semi-official Mehr news agency reported.

November 25, 2011 3:46

Syria stops paying Total for oil output

Syrian oil exports at a standstill; Syrian oil makes up less than 1 percent of daily global output

November 19, 2011 1:38

Gulf banks safe from Euro woes – Oman central bank gov

Gulf states should be largely unaffected by the euro zone debt crisis as their banks have minimal exposure to the bloc's debt, the head of Oman's central bank said on Friday, though he warned that they would not be immune to a broader global slowdown.

November 19, 2011 1:32