Thursday, August 25, 2011

The EU could vote an oil embargo on Syria

The member countries of the European Union could agree on an oil embargo against Syria before the end of next week, said, Wednesday, Aug. 24, a European diplomat quoted by the agency. Discussions took place on this subject in Brussels on Monday and no penalty has objected, he said. The bloc has already imposed yesterday a series of sanctions against the Syrian regime, accused of leading a bloody crackdown against his opponents, but none so far was oil.

According to the French oil giant Total, the prohibition of purchases by European players could still be easily circumvented by Asian companies and Chinese. Total, whose production in Syria is continuing despite the violence, is the second largest Arab country in the West behind the Anglo-Dutch Shell.

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