Iran oil embargo set to be agreed by EU ambassadors

http://www.guardian.co.uk

Iran oil embargo set to be agreed by EU ambassadors

Embargo could take effect on 1 July although Greece, which is heavily dependent on Iranian oil, could be a stumbling blockA meeting of European ambassadors in Brussels on Thursday is expected to decide on an EU oil embargo on Iran to be imposed later in the year, diplomats have said. Talks have been under way over the past few weeks aimed at narrowing differences between European capitals over the details of the ban on Iranian oil, including the grace period before the sanctions take effect and the timing of a review of the decision.