'Representatives of the European Union (EU) member states have failed in their latest meeting in Brussels to reach an agreement on the details of a planned embargo on Iran's oil exports.

During the session on Thursday, senior diplomats from 27-member EU bloc agreed in principle to ban oil imports from Iran and put more pressure on Tehran over its nuclear program. However, they failed to finalize the ban and the matter will be discussed at a meeting of EU foreign ministers next Monday, Reuters reported.'

Read more: EU Still Divided on Iran Oil Sanctions