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Iran puts on hold bill on EU oil ban

NeutralCitizen

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Iran on Sunday declared itself optimistic about a UN experts' visit aimed at probing suspected military aspects of its nuclear work and lawmakers postponed debate on a proposed halt to oil flows to the EU, watched closely in energy markets.

A team of International Atomic Energy Agency inspectors began a three-day visit to try to advance efforts to resolve a row about nuclear work which Iran says is for making electricity but the West suspects is aimed at seeking a nuclear weapon.

Tensions with the West rose this month when Washington and the European Union imposed the toughest sanctions yet in a drive to force Tehran to provide more information on its nuclear programme. The measures take direct aim at the ability of Opec's second biggest oil exporter to sell its crude.

But on Sunday, Iranian lawmakers postponed discussing the bill on EU oil ban. "No such draft bill has yet been drawn up and nothing has been submitted to the parliament . What exists is a notion by deputies being seriously pursued to bring it to a conclusive end," Emad Hosseini , spokesman for parliament's Energy Committee, told Mehr news agency.

"Some MPs had an idea that should be studied by the energy committee before being drafted as a bill. We hope our discussions will be finished by Friday."

Lawmaker Ali Adiani Rad is quoted by ISNA news agency as saying lawmakers need experts' views before they vote. Because of the significance of the step, he said, "Lawmakers proposing the bill believe the legislation should be put on agenda after strong expert evaluation is obtained." Rad said no date has been set for a vote.

---------- Post added at 09:21 PM ---------- Previous post was at 09:20 PM ----------

Iran puts on hold bill on EU oil ban - The Times of India
 
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Interesting, Iran wouldnt have postponed unless they got some nice offer not to choke some EU countries for now. I'm curious what it is, few ideas:

1. Incoming Greece, Italy, etc. payments.
2. US promise under the table not to interfere as much with Asian buyers, i.e. exemptions to China, India, S.Korea, Japan, etc.
3. Concession from the West in incoming 5+1 talks (the least likely IMO).
 
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