The embargo against Iran has been reinforced by the Council Decision 2012/635/CFSP to include graphite, raw or semi-finished metals as aluminum and steel. A new article 4e has been added (see below). The list of items concerned will be defined by Council Regulation in the following days/weeks.
Moreover the wording of article 10 of Council Decision 2010/413/CFSP of 26 July 2010 concerning restrictive measures against Iran has been lightly amended to prohibit activities of financial institutions which could contribute to Iran's proliferation-sensitive nuclear activities, or the development of nuclear weapon delivery systems and to submit to authorization any transactions with Iranian banks and financial entities controlled by Iranians.
Article 4e
1. The sale, supply or transfer to Iran of graphite, and raw or semi-finished metals, such as aluminum and steel, which are relevant to industries controlled directly or indirectly
by the Iranian Revolutionary Guard Corps or which are relevant to Iran's nuclear, military and ballistic missile programme, by nationals of Member States, or from the territories of Member States, or using vessels or aircraft under the jurisdiction of Member States, shall be prohibited whether or not originating in their territories.
The Union shall take the necessary measures in order to determine the relevant items to be covered by this provision