Iranians react to proposed EU sanctions

Many believe weak European economies will falter further if they bow to US pressure and spurn Iran oil.

iran, stock exchange, economy, oil, sanctions

European foreign ministers are expected to impose a ban on Monday, on Iranian oil imports into the European Union. But the prospect of new sanctions does not appear to worry too many people in Iran.

Many feel import restrictions will have a big impact on some of the EU’s already cash-strapped economies struggling to keep their heads above water in the eurozone crisis if they follow the US’s lead, causing a major spike in the global price of oil.

Al Jazeera’s Dorsa Jabbari has reaction from Tehran.

Source: Al Jazeera