Dutch foreign minister expects EU oil embargo against Syria on Friday

Dutch News
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.

Full story here.

This article was posted: Thursday, September 1, 2011 at 3:33 pm

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