Iran has stopped selling crude to British and French companies in a retaliatory measure against fresh EU sanctions. (Video: Reuters/Photo: Getty Images)
Iran Suspends Shipments Of Oil to Britain and France -- New York Times
PARIS — Iran’s government ordered a halt to oil exports to Britain and France on Sunday, in what may be only an initial response to the European Union decision to cut off Iranian oil imports and freeze central bank assets beginning in July.
Britain and France depend little on Iranian oil, however, so their targeting may be a mostly symbolic act, a function of the strong positions Paris and London have taken in trying to halt Iranian nuclear enrichment and bring pressure to bear on Syria, one of Tehran’s closest allies.
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More News On Iran Stopping Oil Sales To France And England
Iran Says It Has Stopped Oil Exports to the U.K., France -- Wall Street Journal
Iran stops oil sales to British and French firms -- Reuters
Iran halts oil shipments to Britain, France -- Washington Post
Iran stops oil exports to UK and France -- The Telegraph
Iran Stops Oil Exports to U.K., French Buyers, Ministry Says -- Bloomberg Businessweek
Iran Oil Ministry: Exports Cut to Britain, France -- ABC News/AP
Iran suspends oil exports to Britain and France -- CNN
Iran Stops Oil Sales to British and French Companies -- Epoch Times
Iran Stops Oil Sales To British, French Companies -- Eurasia Review
Iran struggles to find new oil customers -- Financial Times
My Comment: This suspension of oil sales is laughable .... both countries import very little oil from Iran. But the real crisis for Iran is not to find markets for its oil, but on how to get paid. With the world's clearing house for international financial transactions about to evict Iranian institutions from doing business, the Iranians are going to be stuck with scores of customers who may want their oil, but are unable to pay it.
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