BEIRUT, LEBANON (1:20 P.M.) – The European Union will block the sanctions imposed on Iran by the Trump administration starting on August 7th, the Sputnik News Agency reported this morning.

Mina Andreeva, Deputy Chief Spokeswoman of the EU Commission, stated Monday that the European enterprises would be protected from the unilateral US sanctions against Iran.

Furthermore, the European Union stated on Monday that it had deeply regretted the U.S.’ move to reimpose sanctions against Iran, adding that they were willing to work to keep financial channels open.

“The remaining parties to the JCPOA have committed to work on, inter alia, the preservation and maintenance of effective financial channels with Iran, and the continuation of Iran’s export of oil and gas,” the European Union’s foreign service said in a statement, as quoted by Reuters.

This move by the EU comes just a day after US Secretary of State Mike Pompeo said that the Trump administration was planning on reimposing sanctions against Iran this week.

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Dr. James Padgett

Praise God for the EU not bowing to the U.S.’ asinine pressure to punish Iran. Pompeo is as astute as a turnip and a total embarrassment to the U.S. – as well as fellow bozos Mattis, Bolton, and Luciferia Haley.

Daeshbags Sux
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Daeshbags Sux

ROFL, won’t change anything, mark my words : it’s not EU decision, it’s companies’ one. If fines are illegal under WTO agreement, US can ban companies from operating US market and even pull out of WTO, then separately negotiate trade agreements with any country. You also forget several factors : – Since a Qatar-Iran-Turkey gas pipeline onto the EU is on the table, Russia will NEVER tolerate to lose market shares in the EU : pipelines onto EU is main Russian export! – Iran interferences in Yemen, Iraq, Syria and Lebanon is very very very badly seen in KSA, UAE,… Read more »

n.md.14
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n.md.14

actions speak louder than words

Daeshbags Sux
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Daeshbags Sux

Obviously, yes! Look :
comment image
Ouch, it’s gonna hurt!
And Iran’s GDP/capita has already felt under the one of Swaziland or Palestine…
Add this and the country gets screwed and without vaseline.
And it’s just through soft power.
Now, what if some regional powers decide to add another kind of power to the equation?

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Matija Tomac

Which “regional” powers do you mean?
The Zionists that get defeated by Hezbollah or the Wahhabis that get defeated by Yemen.

Daeshbags Sux
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Daeshbags Sux

Won’t work : even if EU can block huge fines, they can’t block Yanks from expelling EU companies from US market or block parts Just consider Airbus : many parts in an Airbus are US built. If Airbus sales to Iran, US can refuse the export of such systems, Airbus will be driven out of market. Etc etc. Even if companies are protected from huge fines, between the Iranian and the US market, any board of a huge company will opt for what. Well, apparently a car-builder like Renault doesn’t operates the US market, but thei daughter company Nissan is… Read more »