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July 3rd, 2012 
FAKE NEWS for the Zionist agenda A total of 220 lawmakers of the 290-member Majlis, in a statement released on Tuesday, described EU’s decision to embargo Iranian oil supplies as ‘vindictive’, and an example of the 27-member bloc’s animosity and hostility towards the Islamic Republic.
The statement also read that Iran has weathered Western pressures over the past 30 years, and will not give in to bullying.
All countries are entitled to develop and use nuclear energy for peaceful purposes under the nuclear Non-Proliferation Treaty (NPT) and International Atomic Energy Agency (IAEA) safeguards. Therefore, EU sanctions on Iran’s oil exports contravene international principles and the NPT, the Majlis communiqué stated.
The statement further noted that the Iranians have long converted sanctions into opportunities and made progress. The EU should come to realize that Iranian businessmen and merchants do not intend to do business with the union, and European traders are the main losers of recent anti-Iran sanctions.
On January 23, the EU agreed to ban oil imports as well as petroleum products from Iran and freeze the assets of the Central Bank of Iran across the EU.
The European Union also imposed a ban on the sale of diamonds and gold and other precious metals to Iran.
Iran’s Oil Minister Rostam Qasemi said on June 30 that his country is completely prepared to counter EU sanctions on the Iranian oil sector.
“Iran’s oil has its own markets, and, to counter the sanctions, all potential options have been worked out by the government,” he said.
Qasemi added that the sanctions against Iran’s oil have existed for many years, stressing that it would be wrong to consider that the sanctions started as of Sunday.
He emphasized that Iran is still selling its oil in the international markets and “a part of the oil sales to Europe had been cut by Iran ahead of the sanctions taking effect.”
Qasemi also stated that sanctions have no effect on the development of Iran’s oil industry, adding, “Today, we are selling oil to those European customers with whom we had interactions for a long time, some of whom had participated in the development of oil projects, [as well as] many countries with a high economic growth and developing countries.”
Meanwhile, Deputy Oil Minister and Managing Director of the National Iranian Oil Company (NIOC) Ahmad Qalebani said on July 1 that Tehran can easily find new substitutes for European Union (EU) customers of Iranian crude, as the bloc’s oil embargo against the Islamic republic starts to take effect.
The United States, Israel, and some of their allies accuse Tehran of pursuing military objectives in its nuclear energy program.
Iran has strongly refuted the US-led allegations, arguing that as a signatory to the nuclear Non-Proliferation Treaty (NPT) and a member of the International Atomic Energy Agency (IAEA), it has every right to develop and acquire nuclear technology for peaceful purposes.
In addition, the IAEA has conducted countless inspections of Iran’s nuclear facilities but has never found any evidence of a diversion towards weaponization of its program.
MP/PKH/IS
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