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Page added on March 5, 2012
Iran May Halt Oil Sales to Three More EU Members
Iran will probably stop sales of crude to Belgium, the Czech Republic and the Netherlands, the state-run Mehr news agency reported, without saying where it obtained the information.
The final decision on halting sales to the three European Union countries will be made soon by the Iranian oil ministry, Mehr said.
Those countries haven’t accepted conditions outlined by Iran including a three-to-five year purchase contract, a guarantee on payments for purchased oil and removing any preconditions from purchase contracts, Mehr reported.
4 Comments on "Iran May Halt Oil Sales to Three More EU Members"
Kenz300 on Mon, 5th Mar 2012 6:21 pm
Every country in the world needs to develop a plan to balance its population, resources, energy, food, and jobs. Relying on unstable middle east countries for oil is very risky. Economic security and national security demand that individuals, businesses and politicians develop plans to move to a more sustainable future.
Anvil on Mon, 5th Mar 2012 9:48 pm
brain dead fools
BillT on Tue, 6th Mar 2012 12:23 am
Iran is playing the game masterfully. One move at a time to push events the way they would like them to go. Let’s see if Europe can do without Iranian oil and maintain their economy.
Arthur on Wed, 7th Mar 2012 11:26 am
@Kenz300 – sounds nice but is not realistic with the ME providing for 60% or so of world’s oil. There is no plan B except for demand destruction. If you know that the plane you are flying is going to crash anyway it makes more sense to drastically reduce altitude NOW. However no democratic politician has the power to impose this kind of austerity program on his population. Therefor it has to be ‘events’ that will accomplish this task: no more oiltankers arriving at Rotterdam harbor after the Iranians have sealed off the Gulf after the US/Israeli bombing campaign has started. I am almost tempted to say ‘bring it on’ if it wasn’t so cynical.