Iran: We will 'confront' new EU sanctions
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The governor of Iran's central bank says his country will not remain "passive" before a new EU embargo on the country's oil sector, adding that Tehran has enough hard currency reserves to meet its import needs.
The Sunday report by the semiofficial Mehr news agency quotes Mahmoud Bahmani as saying Iran will "confront" hostile policies. The remark is the first reaction by a senior Tehran official on the day that an EU embargo on Iranian oil goes into effect. (AP)
