Iran Nuclear Deal

Vince Cable Excerpts
Wednesday 9th May 2018

(6 years, 7 months ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Boris Johnson Portrait Boris Johnson
- Hansard - - - Excerpts

We have seen that deals can be done without conflicting with the extra-territorial aspects of US sanctions. As I said in my statement earlier on, we will be announcing further steps in due course.

Vince Cable Portrait Sir Vince Cable (Twickenham) (LD)
- Hansard - -

Now that the Government have discovered the limits of sycophancy in dealing with President Trump, will the Foreign Secretary spell out some of the economic implications? Do the Government have any contingency plans to protect British industry and motorists if the withdrawal of 4 million barrels a day of Iranian oil results in an inevitable oil shock?

Boris Johnson Portrait Boris Johnson
- Hansard - - - Excerpts

The right hon. Gentleman will know that the UK remains a party to the JCPOA, and we will do our utmost to protect UK commercial interests.