Iran finalizes bill to ban EU oil exports
An Iranian lawmaker says the Majlis (parliament) Energy Committee has finalized a draft bill to stop the country's oil exports to EU member states in reaction to the bloc's recent decision to ban oil imports from Iran. - Nasser Soudani, deputy chairman of the committee, said on Saturday that the double-urgency bill for halting Iran oil exports to Europe had been finalized in four clauses. “According to one of the main clauses, the Islamic Republic of Iran will halt all oil exports to European countries as long as they continue to ban oil imports from Iran,” he added. The lawmaker said the bill may undergo further modifications as some Iranian parliamentarians believe that oil exports to EU should be stopped for five years.
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