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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
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Iran halts crude oil sales to U.K., French cos Back to Topics
REPLIES (newest first) Post a Reply
honda0105
Champion Author Tallahassee

Posts:24,320
Points:2,439,915
Joined:Nov 2008
Message Posted: Feb 23, 2012 4:58:55 AM

no surprise. Iran has to do something to make good on its threats.

numbers
Champion Author North Dakota

Posts:2,801
Points:859,540
Joined:Aug 2004
Message Posted: Feb 21, 2012 6:17:41 AM

Money
tomok
Champion Author Portland

Posts:46,781
Points:3,169,435
Joined:Aug 2006
Message Posted: Feb 21, 2012 2:11:00 AM

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:14,725
Points:1,393,905
Joined:Sep 2008
Message Posted: Feb 20, 2012 11:09:47 PM

OK, OK
ammamama13
Sophomore Author California

Posts:101
Points:115,485
Joined:May 2011
Message Posted: Feb 20, 2012 11:02:54 PM

and the prices will continue to rise.
abacus44
Champion Author Toms River

Posts:6,666
Points:1,565,505
Joined:Jan 2011
Message Posted: Feb 20, 2012 10:54:18 PM

Like Iran doesn't need the money to kep their economy going.
txkrb
Champion Author Texas

Posts:2,867
Points:1,367,185
Joined:May 2011
Message Posted: Feb 20, 2012 10:54:06 PM

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:11,535
Joined:Jan 2012
Message Posted: Feb 20, 2012 10:53:59 PM

OK
Rooster922
Champion Author Wilmington

Posts:4,255
Points:1,201,605
Joined:Jan 2009
Message Posted: Feb 20, 2012 10:52:20 PM

bbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbb
gasmack
Champion Author Ventura

Posts:4,148
Points:1,409,145
Joined:Feb 2011
Message Posted: Feb 20, 2012 10:51:32 PM

They're still talking crap. Let's see if they can survive the follow through.
bonzoonfmb
Champion Author Florida

Posts:2,540
Points:888,110
Joined:Feb 2010
Message Posted: Feb 20, 2012 10:51:23 PM

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:6,834
Points:1,502,350
Joined:Jun 2011
Message Posted: Feb 20, 2012 10:49:43 PM

OK
Dodge_Me
Champion Author Atlanta

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Points:1,179,040
Joined:Mar 2006
Message Posted: Feb 20, 2012 10:47:06 PM

Cut off iran, no more oil
Akcamper
Veteran Author Tucson

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Joined:Dec 2011
Message Posted: Feb 20, 2012 10:42:56 PM

screwed again!
bif65
Champion Author Virginia

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Joined:Jan 2011
Message Posted: Feb 20, 2012 10:42:54 PM

ok
OGW
Champion Author London

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Joined:Sep 2005
Message Posted: Feb 20, 2012 10:37:10 PM

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:3,965
Points:1,494,195
Joined:Dec 2010
Message Posted: Feb 20, 2012 10:34:21 PM

Let Iran starve, they'll cave in..
sit
Champion Author Cleveland

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Message Posted: Feb 20, 2012 10:28:13 PM

OK
mstearno
Champion Author Dayton

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Message Posted: Feb 20, 2012 10:28:03 PM

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

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:7,567
Points:1,497,060
Joined:Apr 2008
Message Posted: Feb 20, 2012 10:26:14 PM

ok
skyking19
Champion Author Little Rock

Posts:2,733
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Joined:Jan 2007
Message Posted: Feb 20, 2012 10:25:17 PM

So there still is a problem.
suzmar
Champion Author Texas

Posts:3,497
Points:1,462,315
Joined:Jun 2006
Message Posted: Feb 20, 2012 10:23:43 PM

I thought the French and the British were boycotting Iranian oil.
my2002m
Champion Author Tulsa

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Message Posted: Feb 20, 2012 10:20:58 PM

Who cares. They had already stopped buying from them.
toadNY
Champion Author Albany

Posts:10,479
Points:2,325,350
Joined:Apr 2008
Message Posted: Feb 20, 2012 10:12:07 PM

Oil has already gone up an gas will follow!
blazerbob91
Champion Author Milwaukee

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Points:2,648,670
Joined:Aug 2005
Message Posted: Feb 20, 2012 10:09:13 PM

We will see $10 gas by 2020
Jeff1944
Champion Author South Dakota

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Joined:Jan 2010
Message Posted: Feb 20, 2012 10:07:19 PM

More election year hype perpetuated by the GOP to make it Osama Obama's fault.
MidNJ
Champion Author New Jersey

Posts:10,291
Points:1,910,630
Joined:Sep 2009
Message Posted: Feb 20, 2012 10:06:50 PM

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:7,179
Points:1,593,920
Joined:May 2008
Message Posted: Feb 20, 2012 10:04:58 PM

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:6,314
Points:1,634,450
Joined:Sep 2009
Message Posted: Feb 20, 2012 10:04:42 PM

both of them should tell iran...we don't want it ,,,at least not form their oil fields
abcdMA
Champion Author Worcester

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Message Posted: Feb 20, 2012 10:03:58 PM

the sanctions continue
Is246
Champion Author Albuquerque

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Message Posted: Feb 20, 2012 10:02:54 PM

good
onegiraffeAL
Champion Author Alabama

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Joined:Jan 2010
Message Posted: Feb 20, 2012 9:58:58 PM

ok
crowefamily1
All-Star Author Texas

Posts:804
Points:297,100
Joined:Sep 2006
Message Posted: Feb 20, 2012 9:58:20 PM

they should tell iran to go and __________, well you know what I mean.
granitestater
Champion Author New Hampshire

Posts:13,010
Points:2,228,405
Joined:Oct 2008
Message Posted: Feb 20, 2012 9:57:00 PM

India will buy the surplus...
kcboy
Champion Author Utah

Posts:6,297
Points:2,072,005
Joined:Jun 2005
Message Posted: Feb 20, 2012 9:48:50 PM

They just want to have control over every one.
eye-spy
Champion Author Quebec

Posts:7,954
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Joined:Feb 2005
Message Posted: Feb 20, 2012 9:47:17 PM

Nothing like shooting ones self in the foot.
pickledude72
Champion Author California

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Joined:Jul 2008
Message Posted: Feb 20, 2012 9:41:07 PM

Bummer dudez
Bubba44612
Champion Author Ohio

Posts:10,686
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Joined:Aug 2005
Message Posted: Feb 20, 2012 9:37:41 PM

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

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

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

soon people will get tired of being threatened, at least that is my hope
nvwarped
Champion Author Corpus Christi

Posts:3,888
Points:1,259,925
Joined:Sep 2011
Message Posted: Feb 20, 2012 9:27:09 PM

ok
SparkieMi
Champion Author Kalamazoo

Posts:6,440
Points:1,373,425
Joined:Sep 2011
Message Posted: Feb 20, 2012 9:24:58 PM

Now what????
cmsense
Champion Author Columbus

Posts:1,358
Points:165,345
Joined:Jan 2012
Message Posted: Feb 20, 2012 9:24:55 PM

Iran's population hasn't got fed up yet with the head nut-job.
bevmill
Champion Author Georgia

Posts:5,714
Points:1,399,475
Joined:Apr 2006
Message Posted: Feb 20, 2012 9:24:24 PM

ok
Caribou2011
Champion Author Ohio

Posts:6,799
Points:1,523,880
Joined:Feb 2011
Message Posted: Feb 20, 2012 9:22:13 PM

Ok
danreino
Champion Author Twin Cities

Posts:9,828
Points:1,838,480
Joined:Mar 2008
Message Posted: Feb 20, 2012 9:22:08 PM

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

How does this matter and warrant a new report?
bullfrog69
Champion Author Texas

Posts:2,750
Points:1,323,325
Joined:Nov 2009
Message Posted: Feb 20, 2012 9:21:26 PM

Old news jem069, very old! where ya bean?
DustyHorse
Champion Author Virginia

Posts:9,364
Points:2,164,190
Joined:Oct 2008
Message Posted: Feb 20, 2012 9:20:55 PM

Realistically this has no effect. Great Britain has not imported Iranian oil in months but the speculators will go nuts.
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