Iran stops oil exports to six EU countries: state TV
reuters ^ | 2/15/2012 | staff
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 $1 a barrel to $118.35 shortly after the announcement.
(Excerpt) Read more at reuters.com ...
________________________ ________________________ ________
$5 a gallon here we come!