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    Back to To the Point

    To the Point

    Europe Bans Iranian Oil Imports, Nuclear Tensions Escalate

    The European Union today launched what sounds like unprecedented escalation of sanctions aimed at squeezing Iran's economy.  All 27 foreign ministers agreed to ban the import of Iranian oil and freeze assets of Iran's central bank located in Europe. But there are loopholes and the action won't take effect for six months.

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    By Warren Olney • May 12, 2014 • 1 min read

    The European Union today launched what sounds like unprecedented escalation of sanctions aimed at squeezing Iran's economy. All 27 foreign ministers agreed to ban the import of Iranian oil and freeze assets of Iran's central bank located in Europe. But there are loopholes and the action won't take effect for six months. Edward Cody is in Brussels for the Washington Post.

    The full episode

    1 of 3
    Is Newt Gingrich Another Flash in the Pan?
    1. 0:00Europe Bans Iranian Oil Imports, Nuclear Tensions EscalateYou’re reading this
    2. 7:36Mitt vs. Newt: Establishment vs. Grass Roots Insurgency
    3. 45:19Chinese Year of the Dragon to Bring Good Luck
    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Warren Olney

      former KCRW broadcaster

    • KCRW placeholder

      Katie Cooper

      Producer, 'One year Later'

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Anna Scott

      Former KCRW Housing and Homelessness Reporter

    • KCRW placeholder

      Karen Radziner

      Managing Producer, To the Point & Which Way LA?

    • KCRW placeholder

      Edward Cody

      Foreign Correspondent, Washington Post

      NewsNationalPolitics

    The full episode

    1 of 3
    Is Newt Gingrich Another Flash in the Pan?
    1. 0:00Europe Bans Iranian Oil Imports, Nuclear Tensions EscalateYou’re reading this
    2. 7:36Mitt vs. Newt: Establishment vs. Grass Roots Insurgency
    3. 45:19Chinese Year of the Dragon to Bring Good Luck
    Back to To the Point