Publication Date:
Sun, 2012-01-15 13:30
A Sunday report by Shargh daily quotes Mohammad Ali Khatibi as saying that Arab nations will be an “accomplice in the consequences” if they raise output to offset any potential loss of Iranian crude exports due to an embargo.
New US sanctions against Iran approved last month target the country’s central bank and, by extension, its ability to sell petroleum abroad. The US has delayed implementing the sanctions for at least six months. The EU is also contemplating an embargo.
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