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Iran stops oil exports to six EU countries: State TV

Last Updated: Wednesday, February 15, 2012 - 18:12

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 USD 1 a barrel to USD 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.

Bureau Report

First Published: Wednesday, February 15, 2012 - 18:12
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