Iran Threatens More Countries With An Oil Embargo, But Big European Buyers Have Already Stopped Buying Iranian Crude

Iran Threatens To Extend Oil Embargo -- The Guardian

• More European countries may have oil supplies halted
• Military exercise begins to strengthen key nuclear facilities
• Foreign minister says UN inspectors will not visit sites

Iran has warned it may extend an oil embargo imposed on Britain and France to other European countries, and launched a military exercise to strengthen key nuclear sites against air strikes as a team of UN inspectors arrived in the country.

Herman Nackaerts, the leader of the five-member UN team, said he wanted concrete results from the two-day visit, the second within a month. But, amid scepticism that inspectors would be permitted access to nuclear facilities, Nackaerts added that progress "may take a while".

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Update: Iran Mulls Oil Embargo in Europe -- FOX News/AP

My Comment: Iran's threats to cut European oil shipments are moot .... Europe's big buyers have already cut ties to buy Iranian crude months before sanctions were to start.