Thursday, September 1, 2011
Foreign minister Uri Rosenthal expects the European Union will on Friday agree to an oil embargo against Syria following the violent crack-down on pro-democracy campaigners, the Volkskrant reports.
‘The Netherlands is working towards an EU oil embargo and new EU sanctions. I think they will come into effect tomorrow,’ Rosenthal is quoted as saying on Thursday.
The embargo would involve a ban on the import of crude oil and oil products from Syria. In addition, officials are working out a ban on the financing of insurance for oil transports, the paper said. This will also make it difficult for non-EU countries to import Syrian oil.