Judgment_paragraph 60 · National Iranian Tanker Company v Council of the European Union (T-565/12)

60Further, and in any event, in so far as the aim of the abovementioned arguments of the Council is to establish that the applicant provides indirect financial support to Government of Iran, as a consequence of its business in transporting oil and gas by sea, it is clear that the applicable legislation lays down the criterion of the provision of financial support to the Government of Iran, not the criterion of the provision of indirect financial support. Contrary to what is claimed by the Council, the mere fact that, through its transport business, the applicant is involved in the Iranian oil and gas sector, which represents one of the Government of Iran’s main sources of revenue, cannot be regarded as being covered by the legal criterion of provision of financial support to the Government of Iran.