Iran stops oil exports to six EU countries

[Yusuf]

TEHRAN: Iran has stopped oil exports to six European states in retaliation for European Union sanctions imposed on the Islamic state's key export, its English-language Press TV reported on Wednesday.

"Iran cuts its oil exports to six European countries," Press TV reported.

Press TV said Iran has stopped exporting oil to Netherlands, Greece, France, Portugal, Spain and Italy.

Brent crude oil prices were up $1 a barrel to $118.35 shortly after the announcement.

The EU's 27 member states have decided to stop importing crude from Iran from July 1 over its disputed nuclear program, which the West says is aimed at building bombs. Iran denies this.

Iran's oil minister said on February 4 that the Islamic state would certainly cut its oil exports to "some" European countries.
Iran stops oil exports to six EU countries - The Times of India

 

[Armand2REP]

Italy Foreign Minister Denies Report Of Iran Oil Export Halt

ROME (Dow Jones)--Italy's Foreign Minister Giulio Terzi Wednesday denied a report that Iran had halted its crude exports to the country.
"I have been informed by our ambassador in Tehran that the report isn't true," said the minister in Rome, according to a ministry spokesman.
Italy is among Europe's top importers of Iranian oil with imports representing 16.5% of the country's total in September, according to Eurostat data.
Earlier Wednesday, Tehran's state television said Iran is cutting exports to France, Portugal, Italy, Greece and Spain in response to sanctions.

Italy Foreign Minister Denies Report Of Iran Oil Export Halt - WSJ.com