New E.U. rules let Iran import, export oil and gas, breaking from U.S. policy

The European Union issued regulations this week that went well beyond a U.N. Security Council resolution passed in June, outlining tough restrictions on the sale of equipment and technology to the Iranian oil and gas industry, as well as on investment in those sectors. But the regulations – unlike legislation passed by the U.S. Congress – allow for the import and export of oil and gas to the Islamic Republic.

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