Brussels - Arabstoday
European Union member states may review an embargo on Iranian oil imports in the next two months, Reuters says, citing EU officials. The embargo is to take effect from July. The ban on imports was agreed in January. Member states agreed later to review the embargo plan because of concerns over its potential impact on global crude oil prices. Also, such countries as Greece face difficulties in finding alternative supplies. But the review has now been postponed until May or June.