Global economic security
Showing posts with label
E.U. embargo
.
Show all posts
Showing posts with label
E.U. embargo
.
Show all posts
Sunday, June 10, 2012
Planned E.U. Oil Embargo Looks Set To Squeeze Iran
On July 1, the
European Union
says it will stop buying oil from Iran. Europe is one the most important markets for
Iran's oil
, and in anticipation of the boycott, Iranian oil exports worldwide are already down by more than 25 percent.
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