Egypt's Al-Sisi ratifies new criminal procedures law after parliament amends it    Singapore's Destiny Energy to invest $210m in Egypt to produce 100,000 tonnes of green ammonia annually    Egypt, South Africa discuss strengthening cooperation in industry, transport    Egypt's FM discusses Gaza, Libya, Sudan at Turkey's SETA foundation    UN warns of 'systematic atrocities,' deepening humanitarian catastrophe in Sudan    Egypt launches 3rd World Conference on Population, Health and Human Development    Cowardly attacks will not weaken Pakistan's resolve to fight terrorism, says FM    Gold prices in Egypt edge higher on Wednesday, 12 Nov., 2025    Egypt's TMG 9-month profit jumps 70% on record SouthMed sales    Egypt adds trachoma elimination to health success track record: WHO    Egypt, Latvia sign healthcare MoU during PHDC'25    Egypt joins Advanced Breast Cancer Global Alliance as health expert wins seat    Egypt's Suez Canal Authority, Sudan's Sea Ports Corp. in development talks    Egyptian pound gains slightly against dollar in early Wednesday trade    Egypt, India explore cooperation in high-tech pharmaceutical manufacturing, health investments    Egypt, Sudan, UN convene to ramp up humanitarian aid in Sudan    Egypt releases 2023 State of Environment Report    Egyptians vote in 1st stage of lower house of parliament elections    Grand Egyptian Museum welcomes over 12,000 visitors on seventh day    Sisi meets Russian security chief to discuss Gaza ceasefire, trade, nuclear projects    Egypt repatriates 36 smuggled ancient artefacts from the US    Grand Egyptian Museum attracts 18k visitors on first public opening day    'Royalty on the Nile': Grand Ball of Monte-Carlo comes to Cairo    VS-FILM Festival for Very Short Films Ignites El Sokhna    Egypt's cultural palaces authority launches nationwide arts and culture events    Egypt launches Red Sea Open to boost tourism, international profile    Qatar to activate Egypt investment package with Matrouh deal in days: Cabinet    Omar Hisham Talaat: Media partnership with 'On Sports' key to promoting Egyptian golf tourism    Sisi expands national support fund to include diplomats who died on duty    Madinaty Golf Club to host 104th Egyptian Open    Egypt's PM reviews efforts to remove Nile River encroachments    Al-Sisi: Cairo to host Gaza reconstruction conference in November    Egypt will never relinquish historical Nile water rights, PM says    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Malaysia to end oil imports from Iran, as double standards prevail
Published in Bikya Masr on 24 - 03 - 2012

KUALA LUMPUR: Malaysia said on Saturday that it will end all imports of crude oil from Iran, Prime Minister Najib Razak was reported as saying by state media. The move comes as the US threatens sanctions against country who import oil from Iran.
“It's (oil import from Iran) only a small amount,” official news agency Bernama quoted Najib as saying Friday.
A report quoting sources from national oil company Petronas said it will stop imports of crude from Iran in April, two months before a US embargo takes effect.
The south-east Asian country is estimated to import between 50,000 to 60,000 barrels per day of Iranian crude oil.
Malaysia apparently bowed to the pressure from the United States and the European Union that want to punish Iran for its nuclear programs.
However, European nations are still being allowed to import crude oil from Tehran, in a move that has many Malaysians frustrated over the current “double standards.”
One political science student told Bikyamasr.com at a rally on Friday evening that “how can we be punished for trying to get our needs as a country met when Europe is not being penalized? I don't get it.”
And neither do a lot of Malaysians.
“It is absolutely wrong to punish us, the countries with less money than Europe or threaten sanctions on us while they take Iran's oil. I don't get it and they wonder why people are angry,” said Razin, also a university student.
Across Malaysia, youth are becoming more agitated over the dealings of western nations toward the country and are demanding equality in relations.
BM
ShortURL: http://goo.gl/ppZKW
Tags: Europe, featured, Iran, Malaysia, Oil, sanctions
Section: Europe, Iran, Latest News, Southeast Asia


Clic here to read the story from its source.