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Iran reduces oil supplies to a number of European countries

2012-04-10 15:36

Tehran intends to cut oil exports to several countries in Europe in the coming days, the Iranian Oil Minister Kassem Rostam said.

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As reported by the RIA Novosti, the Iranian Oil Minister Kassem Rostam said stated that Tehran intended to reduce oil exports to several countries in Europe in the coming days. He didn't specify what exactly countries he meant.

Earlier, Iran announced the termination of oil supplies in the UK, France and Greece, and threatened to reduce exports to Portugal, Spain, Italy, Germany and Holland.

"Our enemies want to impose sanctions against Iranian oil. They want to deprive us of foreign exchange earnings. But now we have such number of foreign exchange reserves, that the management of this country would not suffer even if we do not sell a single barrel of oil within 3 years, and all the conspiracies of our enemies will be spoiled", the Iranian president said, according to the ITAR-TASS.

 

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