comscore Iran sets conditions for oil to European nations | Honolulu Star-Advertiser
Top News

Iran sets conditions for oil to European nations

[ AD HAS BEEN REMOVED FROM THIS STORY ]

TEHRAN, Iran (AP) — Iran has laid out conditions for future oil exports to European countries after halting sales to Britain and France earlier this week.

Foreign Ministry spokesman Ramin Mehmanparast said Tuesday that Iran seeks guarantees of payments, long term contracts and a ban on unilateral cancellation of contracts by buyers.

He says all these should be considered if Europe wants continued trade and oil relations.

Mehmanparast says Iran’s conditions were conveyed in a meeting with ambassadors of six European countries in Tehran .

Tehran said Monday it was considering extending the oil embargo to other European countries. The cutoffs to France and Britain were in retaliation for an EU embargo over Tehran’s controversial nuclear program that is to go into effect in July.

Click here to see our full coverage of the coronavirus outbreak. Submit your coronavirus news tip.

Be the first to know
Get web push notifications from Star-Advertiser when the next breaking story happens — it's FREE! You just need a supported web browser.
Subscribe for this feature
Comments have been disabled for this story...

Scroll Up