Iran Nuclear Deal Debate
Full Debate: Read Full DebateVince Cable
Main Page: Vince Cable (Liberal Democrat - Twickenham)Department Debates - View all Vince Cable's debates with the Foreign, Commonwealth & Development Office
(6 years, 3 months ago)
Commons ChamberWe 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.
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?
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.