Strasbourg, 18/01/2012 (Agence Europe) - The European Union may ban Iranian oil imports as from 1 July 2012. This will give member states the time to terminate existing contracts in accordance with the Danish Presidency proposal of 15 January, European diplomats announced to Reuters on Tuesday 17 January. Once the embargo is in place, member states would have until the end of June to fulfil existing contracts with Tehran and will have to cease all imports from July onwards. No new contracts...