Caspian Energy Journal Caspian European Club
Monday, 05 November 2018 17:00

EU opposed to U.S. resumption of sanctions on Iran

EU opposed to U.S. resumption of sanctions on Iran

The European Union is opposed to the United States' decision to reimpose oil and financial sanctions against Iran, European Economic Affairs Commissioner Pierre Moscovici said on Monday, Caspian Energy News ( reports with reference to Reuters.

“The European Union does not approve of it,” Moscovici told franceinfo radio, hours after further U.S. sanctions on Iran came into force.

Washington decided to reinstate punitive measures that were lifted under a 2015 nuclear deal negotiated by the administration of President Barack Obama, and added 300 new designations in Iran's oil, shipping, insurance and banking sectors.

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Person in charge of the newsline: Olga Nagiyeva 

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