Not Logged In Log In   Sign Up   Points Leaders
Follow Us    12:18 AM

GasBuddy News Article

24
votes
Iran Oil Ministry: Exports cut to Britain, France

MSNBC -- TEHRAN, Iran -- Iran has halted oil shipments to Britain and France, the Oil Ministry said Sunday, in an apparent pre-emptive blow against the European Union after the bloc imposed sanctions on Iran's crucial fuel exports.

Read the Full Article

Submitted Feb 19, 2012 By: Ticobird
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Iran Oil Ministry: Exports cut to Britain, France Back to Topics
REPLIES (newest first) Post a Reply
remay
Champion Author Houston

Posts:9,996
Points:2,884,915
Joined:May 2006
Message Posted: Feb 20, 2012 9:53:12 AM

already posted!

Iran Stops Oil Sales to UK, French Companies: Ministry

cnbc -- Iran has stopped selling crude to British and French companies, the oil ministry said on Sunday, in a retaliatory measure against fresh EU sanctions on the Islamic state's lifeblood, oil. (go to article)

Submitted Yesterday By: jbob357 17 Comments
ktbaeohana
Champion Author Las Vegas

Posts:5,071
Points:1,150,735
Joined:Mar 2010
Message Posted: Feb 19, 2012 4:05:19 PM

They do not care what so ever.
TripleHs
Champion Author Austin

Posts:3,868
Points:1,051,020
Joined:Oct 2009
Message Posted: Feb 19, 2012 3:08:15 PM

wow, a fun game started
Van_Halen
Champion Author Atlanta

Posts:3,129
Points:1,270,450
Joined:Apr 2011
Message Posted: Feb 19, 2012 2:58:37 PM

.
MSLSD, how stupid they are. Last week Europe cut all ties with Iran and no longer import from them. So the idiot Oil Minister is trying to claim he cut England and France off and MSLSD is letting them get away with it because they are to liberal to report the real news that happened the week before.
Gas_Eyes
Champion Author Dallas

Posts:2,857
Points:681,310
Joined:Mar 2011
Message Posted: Feb 19, 2012 12:46:23 PM

Their biggest European customer is Italy. Let us see what they do about Italy. Britain and France a relatively smaller customers who can easily get it somewhere else. Iran will be crippled if the can't sell their oil.
Nicoalbum
Champion Author Ottawa

Posts:9,859
Points:1,965,000
Joined:Jan 2010
Message Posted: Feb 19, 2012 12:22:52 PM

No big deal.
playtimeCLE
Champion Author Cleveland

Posts:11,745
Points:2,307,305
Joined:Nov 2008
Message Posted: Feb 19, 2012 11:50:52 AM

This is a desperate act by a desperate country. Not as desperate as when Iraq started their oil on fire. but a very desperate act for sure.
leraar2
Champion Author Massachusetts

Posts:6,964
Points:1,557,935
Joined:Mar 2011
Message Posted: Feb 19, 2012 11:37:20 AM

better sooner than later.
kag2010
Champion Author Winnipeg

Posts:7,747
Points:1,708,965
Joined:Apr 2010
Message Posted: Feb 19, 2012 10:56:06 AM

I keep thinking about all of these fools chanting "WAR FOR OIL".
Eliano
Champion Author Baltimore

Posts:1,412
Points:634,475
Joined:Jun 2011
Message Posted: Feb 19, 2012 9:39:19 AM

unusual move.
TXRanger09
Champion Author Dallas

Posts:4,052
Points:1,368,750
Joined:May 2009
Message Posted: Feb 19, 2012 9:38:31 AM

I guess they expect India to purchase this extra oil. Although oil has never had a hard time finding a new home.
danindenver
Champion Author Denver

Posts:8,096
Points:1,988,580
Joined:May 2005
Message Posted: Feb 19, 2012 9:37:49 AM

I keep thinking about all of these fools chanting "WAR FOR OIL".
If we really had been fighting wars for oil, we would have taken them out before they attack us.

danindenver
Champion Author Denver

Posts:8,096
Points:1,988,580
Joined:May 2005
Message Posted: Feb 19, 2012 9:35:15 AM

Oil is a highly fungible commodity.
Nearly everyone in the civilized world uses it.
Someone will buy it.
Probably China

cmptrmush
Champion Author Detroit

Posts:6,866
Points:1,514,920
Joined:Feb 2011
Message Posted: Feb 19, 2012 9:00:26 AM

Iran just shot themselves in the foot with this action. Without european buyers, Iran just severly limited their financial income. How do they expect to fund their actions now?
Post a reply Back to Topics