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CJEU - C-440/14 P / Judgment

National Iranian Oil Company v Council

Policy area:
Economic and monetary affairs
Deciding Body type:
Court of Justice of the European Union
Deciding Body:
Grand Chamber
Decision date:

Key facts of the case:

Appeal — Restrictive measures against the Islamic Republic of Iran — List of persons and entities subject to the freezing of funds and economic resources — Implementing Regulation (EU) No 945/2012 — Legal basis — Criterion relating to the material, logistical or financial support for the Government of Iran

Results (sanctions) and key consequences of the case:

On those grounds, the Court (Grand Chamber) hereby:

  1. Dismisses the appeal;
  2. Orders National Iranian Oil Company to bear its own costs and to pay the costs of the Council of the European Union;
  3. Orders the European Commission to bear its own costs.