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Iran halts crude oil sales to U.K., French cos

Wall Street Market Watch -- NEW YORK (MarketWatch) -- Iran's Ministry of Petroleum said Sunday the country has halted sales of crude oil to British and French companies. European Union states have agreed to stop importing Iranian crude from Jul. 1. A U.K. government official told the BBC Iran's move would have no impact on U.K. energy security. The news service quoted AFP as saying that in 2011 France bought 3% of its oil, or 58,000 barrels per day, from Iran. The U.K. imported even less, said the BBC.

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Submitted Feb 20, 2012 By: jem069

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honda0105 Champion Author Tallahassee Posts:18,828 Points:1,637,220 Joined:Nov 2008	Message Posted: Feb 23, 2012 4:58:55 AM Ignore honda0105 Report Abuse no surprise. Iran has to do something to make good on its threats.
numbers Champion Author North Dakota Posts:2,801 Points:850,040 Joined:Aug 2004	Message Posted: Feb 21, 2012 6:17:41 AM Ignore numbers Report Abuse Money
tomok Champion Author Portland Posts:33,592 Points:2,373,210 Joined:Aug 2006	Message Posted: Feb 21, 2012 2:11:00 AM Ignore tomok Report Abuse Iran halts crude oil sales to U.K., French, there are other countries that will buy Iranian oil. Whatever the size or shape the vehicle, Produce and ‘Drive’ vehicles with high MPG, are very reliable, have a ‘reasonable’ cost and a good ‘value’ for the money. Consider using ‘other’ forms of transportation or car pool to lower your cost for transportation. The price of fuel at the pump is too high! 12/22/2012!
emptypockets2008 Champion Author Michigan Posts:14,652 Points:1,311,695 Joined:Sep 2008	Message Posted: Feb 20, 2012 11:09:47 PM Ignore emptypockets2008 Report Abuse OK, OK
ammamama13 Rookie Author California Posts:96 Points:68,285 Joined:May 2011	Message Posted: Feb 20, 2012 11:02:54 PM Ignore ammamama13 Report Abuse and the prices will continue to rise.
abacus44 Champion Author Toms River Posts:3,600 Points:773,790 Joined:Jan 2011	Message Posted: Feb 20, 2012 10:54:18 PM Ignore abacus44 Report Abuse Like Iran doesn't need the money to kep their economy going.
txkrb Champion Author Texas Posts:1,597 Points:660,945 Joined:May 2011	Message Posted: Feb 20, 2012 10:54:06 PM Ignore txkrb Report Abuse Screw the iranian gov't, they are just a bunch of idiots Without oil revenue there gov't won't have the money to continue their programs and the people of iran will eventually revolt
ravenclaw_29 Rookie Author Oakland Posts:53 Points:11,410 Joined:Jan 2012	Message Posted: Feb 20, 2012 10:53:59 PM Ignore ravenclaw_29 Report Abuse OK
Rooster922 Champion Author Wilmington Posts:3,925 Points:682,795 Joined:Jan 2009	Message Posted: Feb 20, 2012 10:52:20 PM Ignore Rooster922 Report Abuse bbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbb
gasmack Champion Author Ventura Posts:1,752 Points:679,840 Joined:Feb 2011	Message Posted: Feb 20, 2012 10:51:32 PM Ignore gasmack Report Abuse They're still talking crap. Let's see if they can survive the follow through.
bonzoonfmb Champion Author Florida Posts:1,817 Points:664,910 Joined:Feb 2010	Message Posted: Feb 20, 2012 10:51:23 PM Ignore bonzoonfmb Report Abuse There is plenty of other supply out there but the speculators have already taken this situation to their advantage.
carman11 Champion Author North Carolina Posts:3,480 Points:719,425 Joined:Jun 2011	Message Posted: Feb 20, 2012 10:49:43 PM Ignore carman11 Report Abuse OK
Dodge_Me Champion Author Atlanta Posts:2,214 Points:576,480 Joined:Mar 2006	Message Posted: Feb 20, 2012 10:47:06 PM Ignore Dodge_Me Report Abuse Cut off iran, no more oil
Akcamper Veteran Author Tucson Posts:274 Points:30,555 Joined:Dec 2011	Message Posted: Feb 20, 2012 10:42:56 PM Ignore Akcamper Report Abuse screwed again!
bif65 Champion Author Virginia Posts:1,024 Points:200,525 Joined:Jan 2011	Message Posted: Feb 20, 2012 10:42:54 PM Ignore bif65 Report Abuse ok
OGW Champion Author London Posts:5,446 Points:1,558,085 Joined:Sep 2005	Message Posted: Feb 20, 2012 10:37:10 PM Ignore OGW Report Abuse The next thing we hear will be that Iran made a deal to sell it's oil to the Jewish State so they will not get bombed over their nuclear plans.
PoohMcGoo Champion Author Alabama Posts:3,122 Points:822,810 Joined:Dec 2010	Message Posted: Feb 20, 2012 10:34:21 PM Ignore PoohMcGoo Report Abuse Let Iran starve, they'll cave in..
sit Champion Author Cleveland Posts:5,330 Points:1,958,945 Joined:Feb 2006	Message Posted: Feb 20, 2012 10:28:13 PM Ignore sit Report Abuse OK
mstearno Champion Author Dayton Posts:8,174 Points:1,755,920 Joined:Jan 2008	Message Posted: Feb 20, 2012 10:28:03 PM Ignore mstearno Report Abuse big deal world market
jamieg2012 Veteran Author Sioux Falls Posts:286 Points:11,385 Joined:Jan 2012	Message Posted: Feb 20, 2012 10:26:49 PM Ignore jamieg2012 Report Abuse we should all stop buying oil if it comes from iran if they want to play games then take away all their ways to make money
KhelbenArunson Champion Author Michigan Posts:4,581 Points:745,340 Joined:Apr 2008	Message Posted: Feb 20, 2012 10:26:14 PM Ignore KhelbenArunson Report Abuse ok
skyking19 Champion Author Little Rock Posts:2,021 Points:1,722,740 Joined:Jan 2007	Message Posted: Feb 20, 2012 10:25:17 PM Ignore skyking19 Report Abuse So there still is a problem.
suzmar Champion Author Texas Posts:2,223 Points:896,935 Joined:Jun 2006	Message Posted: Feb 20, 2012 10:23:43 PM Ignore suzmar Report Abuse I thought the French and the British were boycotting Iranian oil.
my2002m Champion Author Tulsa Posts:6,213 Points:1,697,980 Joined:Jul 2008	Message Posted: Feb 20, 2012 10:20:58 PM Ignore my2002m Report Abuse Who cares. They had already stopped buying from them.
toadNY Champion Author Albany Posts:7,188 Points:1,540,850 Joined:Apr 2008	Message Posted: Feb 20, 2012 10:12:07 PM Ignore toadNY Report Abuse Oil has already gone up an gas will follow!
blazerbob91 Champion Author Milwaukee Posts:6,279 Points:1,910,020 Joined:Aug 2005	Message Posted: Feb 20, 2012 10:09:13 PM Ignore blazerbob91 Report Abuse We will see $10 gas by 2020
Jeff1944 Champion Author South Dakota Posts:4,342 Points:1,100,285 Joined:Jan 2010	Message Posted: Feb 20, 2012 10:07:19 PM Ignore Jeff1944 Report Abuse More election year hype perpetuated by the GOP to make it Osama Obama's fault.
MidNJ Champion Author New Jersey Posts:7,686 Points:1,197,290 Joined:Sep 2009	Message Posted: Feb 20, 2012 10:06:50 PM Ignore MidNJ Report Abuse TomTec; "drill here and drill now we do not need the middle east oil" Really? Seems like you are just a, -- "Drill Baby Drill" mantra budddy. It is time to move on beyond the 2008 Mantra of -- "Drill Baby Drill".
us4usa Champion Author Missouri Posts:6,120 Points:1,137,585 Joined:May 2008	Message Posted: Feb 20, 2012 10:04:58 PM Ignore us4usa Report Abuse Well if you're not going to buy our oil, then we are going to stop selling it to you... Think Iran got their feelings hurt???
mcmonsta Champion Author Honolulu Posts:3,347 Points:845,320 Joined:Sep 2009	Message Posted: Feb 20, 2012 10:04:42 PM Ignore mcmonsta Report Abuse both of them should tell iran...we don't want it ,,,at least not form their oil fields
abcdMA Champion Author Worcester Posts:8,052 Points:1,600,730 Joined:Nov 2008	Message Posted: Feb 20, 2012 10:03:58 PM Ignore abcdMA Report Abuse the sanctions continue
Is246 Champion Author Albuquerque Posts:1,044 Points:443,535 Joined:Apr 2011	Message Posted: Feb 20, 2012 10:02:54 PM Ignore Is246 Report Abuse good
onegiraffeAL Champion Author Alabama Posts:1,020 Points:435,500 Joined:Jan 2010	Message Posted: Feb 20, 2012 9:58:58 PM Ignore onegiraffeAL Report Abuse ok
crowefamily1 All-Star Author Texas Posts:804 Points:297,100 Joined:Sep 2006	Message Posted: Feb 20, 2012 9:58:20 PM Ignore crowefamily1 Report Abuse they should tell iran to go and __________, well you know what I mean.
granitestater Champion Author New Hampshire Posts:8,980 Points:1,458,450 Joined:Oct 2008	Message Posted: Feb 20, 2012 9:57:00 PM Ignore granitestater Report Abuse India will buy the surplus...
kcboy Champion Author Utah Posts:4,089 Points:1,533,170 Joined:Jun 2005	Message Posted: Feb 20, 2012 9:48:50 PM Ignore kcboy Report Abuse They just want to have control over every one.
eye-spy Champion Author Quebec Posts:4,723 Points:2,445,320 Joined:Feb 2005	Message Posted: Feb 20, 2012 9:47:17 PM Ignore eye-spy Report Abuse Nothing like shooting ones self in the foot.
pickledude72 Champion Author California Posts:1,121 Points:841,240 Joined:Jul 2008	Message Posted: Feb 20, 2012 9:41:07 PM Ignore pickledude72 Report Abuse Bummer dudez
Bubba44612 Champion Author Ohio Posts:7,531 Points:1,904,385 Joined:Aug 2005	Message Posted: Feb 20, 2012 9:37:41 PM Ignore Bubba44612 Report Abuse China and India will take up the slack. So no change on the world supply.
fuelsaverMN Champion Author Twin Cities Posts:2,282 Points:559,080 Joined:Mar 2011	Message Posted: Feb 20, 2012 9:37:17 PM Ignore fuelsaverMN Report Abuse And to just make us pay more for gas.
fuelsaverMN Champion Author Twin Cities Posts:2,282 Points:559,080 Joined:Mar 2011	Message Posted: Feb 20, 2012 9:36:48 PM Ignore fuelsaverMN Report Abuse That no good NOBAMA has to go in 2012 or we won't have a country left.
tippybuddy Champion Author Ontario Posts:1,523 Points:207,740 Joined:Feb 2011	Message Posted: Feb 20, 2012 9:33:16 PM Ignore tippybuddy Report Abuse soon people will get tired of being threatened, at least that is my hope
nvwarped All-Star Author Corpus Christi Posts:893 Points:475,500 Joined:Sep 2011	Message Posted: Feb 20, 2012 9:27:09 PM Ignore nvwarped Report Abuse ok
SparkieMi Champion Author Kalamazoo Posts:3,400 Points:615,595 Joined:Sep 2011	Message Posted: Feb 20, 2012 9:24:58 PM Ignore SparkieMi Report Abuse Now what????
cmsense Champion Author Columbus Posts:1,358 Points:165,345 Joined:Jan 2012	Message Posted: Feb 20, 2012 9:24:55 PM Ignore cmsense Report Abuse Iran's population hasn't got fed up yet with the head nut-job.
bevmill Champion Author Georgia Posts:2,716 Points:628,000 Joined:Apr 2006	Message Posted: Feb 20, 2012 9:24:24 PM Ignore bevmill Report Abuse ok
Caribou2011 Champion Author Ohio Posts:3,887 Points:795,005 Joined:Feb 2011	Message Posted: Feb 20, 2012 9:22:13 PM Ignore Caribou2011 Report Abuse Ok
danreino Champion Author Twin Cities Posts:8,474 Points:1,564,510 Joined:Mar 2008	Message Posted: Feb 20, 2012 9:22:08 PM Ignore danreino Report Abuse It helped raise prices here today by 16-20 cents a gallon !! Shoot Imadinnerjacket already !!
byoftDad Champion Author Columbus Posts:4,452 Points:1,233,375 Joined:Apr 2005	Message Posted: Feb 20, 2012 9:21:57 PM Ignore byoftDad Report Abuse How does this matter and warrant a new report?
bullfrog69 Champion Author Texas Posts:2,304 Points:850,010 Joined:Nov 2009	Message Posted: Feb 20, 2012 9:21:26 PM Ignore bullfrog69 Report Abuse Old news jem069, very old! where ya bean?