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EU Iran sanctions: Ministers adopt Iran oil imports ban;
European Union foreign ministers have formally adopted an oil embargo against Iran over its nuclear programme.
The sanctions involve an immediate ban on all new oil contracts with Iran, while existing contracts will be honoured until 1 July.
Tehran denies that it is trying to develop nuclear weapons and says talks and not sanctions are the only way to resolve the dispute.
The EU currently buys about 20% of Iran's oil exports.
Iran 'definitely' closing Strait of Hormuz over EU oil embargo
Tensions in the Gulf could reach a breaking point as a senior Iranian official said Iran would “definitely” close the Strait of Hormuz if an EU oil embargo disrupted the export of crude oil, the semi-official Fars news agency reports
Russian Foreign Minister Sergei Lavrov said on Monday that Moscow had “quite a steadfast hope” that the talks on the Iranian nuclear problem could resume “in the nearest future.”
Unilateral sanctions, he said, “do not help” when trying to overcome the Iranian nuclear deadlock.
Originally posted by Hithe Merinos
reply to post by hey1212
Russias response
Russian Foreign Minister Sergei Lavrov said on Monday that Moscow had “quite a steadfast hope” that the talks on the Iranian nuclear problem could resume “in the nearest future.”
Unilateral sanctions, he said, “do not help” when trying to overcome the Iranian nuclear deadlock.
Source
Originally posted by Silcone Synapse
The solution could be relatively simple and not need a war to resolve IMO.
Look at the a map of the strait:
Now,it may cost a hell of a lot in terms of money,but if a few countries chipped in they could,I believe,get the UAE interested in carving a canal and tunnel through the northern part of the country,around Ra's al Kaymah.The tunnel/canal would go through and under the Jabal Yibir mountain range,emerging on the North eastern side of the UAE.
The distance to be tunneled is approx 20 miles,so it is well within our technical abilities.Heres a better map which names the areas I mentioned:
This would make the UAE even more wealthy,would cut Iran out of the picture in terms of bullying/sabre rattling over the strait of hormuz,allowing Saudi/Kuwaiti/Iraqi oil to pass safely out of the gulf.
Yes it would cost billions to build-But what would you rather-spend billions on a tunnel/canal,and achieve stability and wealth in the area-Or more carnage,which will still cost billions and de stabilize the region further,possibly leading to a wider,even global conflict,and causing yet more economic woes for the world?
I know which I would aim for,and its not more war.
I am quite pleased with this idea,what do you folks think about it?
Is it viable?