Plug pulled on Iranian oil exports

Detroit Star (IANS) Saturday 4th February, 2012

Iran will stop its oil exports to Europe, Oil Minister Rostam Qasemi said Saturday.

The development comes after the European Union endorsed the measures adopted by the foreign ministers of the 27-member block Jan 23 against Iran's oil exports.

Qasemi Saturday called on the EU to review its decision and said Iran's oil exports to Europe comprise only 18 percent of the country's total oil exports.

He was speaking at a press conference Saturday, China Daily reported.

The embargo will not create any problem to Iran, he said.

Share this article:
  • Google
  • Twitter
  • Facebook
  • LinkedIn
Back to Detroit Star

Comments

  • No comments yet for this story

    • Have your say

    • CAPTCHA Image

    • By submitting your comment you agree to our terms and conditions

    Featured Story

    General Motors recalls over 6,000 vehicles

    General Motors (GM) is recalling over 6,000 big vans and SUVs following concerns that their steering could fail, Xinhua reported.

    The affected vehicles include certain 2012 Chevrolet Express, GMC Savana vans, ...

    Have Your Say

    Do you agree with U.S. President Barack Obama's support for gay marriage?

    View results

    On Facebook

    Quotable Quotes

    I am very grateful to the assistance of the American Embassy and the promise of the Chinese government for protection of my rights as a citizen over the long term. I am very gratified to see the Chinese government has been dealing with the situation with restraint and calm.

    Chen Guangcheng

    The Chinese human rights activist was speaking after landing in the United States after his flight from Beijing.