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Iran 'halts oil sales to France and Britain'

Canadian Content
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Iran 'halts oil sales to France and Britain'


Business | 207578 hits | Feb 19 5:33 am | Posted by: 1Peg
7 Comment

Iran halts oil sales to British and French companies, the nation's oil ministry says, ahead of a 1 July ban on Iranian oil imports imposed by the EU.

Comments

  1. by avatar 1Peg
    Sun Feb 19, 2012 1:37 pm
    Better go fill your gas tanks....

  2. by avatar Freakinoldguy
    Mon Feb 20, 2012 12:55 am
    This reaction by Iran might explain the large humanitarian effort put forward by the EU in Libya to secure their oil rights. :roll:

  3. by Thanos
    Mon Feb 20, 2012 4:38 am
    Britain and France both get a puny amount of oil supplied by Iran, so this is more symbolic on the part of the Iranian govt than anything with real meaning to it. It's the Mediterranean states like Italy and Greece that would get hurt if the Iranians cut them off because they get more of their supply from them. This is a fairly feeble action by a barely-functioning state that in reality is far punier and weaker than they themselves or their enemies want to admit.

  4. by Lemmy
    Mon Feb 20, 2012 4:41 am
    The Iranians have been smuggling oil out forever. What they say they're supplying and what they're actually supplying has never been the same number.

  5. by avatar PublicAnimalNo9
    Mon Feb 20, 2012 8:49 am
    Pffft, the EU was already going to halt imports of Iranian oil by July 1st anyway.
    All Iran did was push the time ahead by about 17 weeks on Britian and France. I'm sure those two are real bummed out right now :lol:

  6. by avatar bootlegga
    Mon Feb 20, 2012 3:10 pm
    No problem, we've got lots of extra oil here in Alberta...

  7. by avatar EyeBrock
    Mon Feb 20, 2012 3:47 pm
    Buy Canadian oil stocks.....



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