Accessibility links

Breaking News

Italy Wants To Persuade Its Energy Firms To Drop Iranian Oil

Italy says it believes sanctions should be tightened against Iran, and is seeking to persuade its companies to stop buying Iranian oil.

Foreign Ministry spokesman Maurizio Massari told Reuters in Rome on November 25 that "we are deeply convinced that we need to strengthen the pressure of sanctions on Iran and we are ready to discuss sanctions measures with our partners."

Massari added: "We are applying moral persuasion on our companies to diversify their supplies of oil imports."

Italy relies on Iran for around 13 percent of its crude oil needs, equivalent to over 10 million tons per year (around 200,000 barrels per day).