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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:18,623 Points:1,609,520 Joined:Nov 2008	Message Posted: Feb 23, 2012 6:58:55 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 8:17:41 AM Ignore numbers Report Abuse Money
tomok Champion Author Portland Posts:32,997 Points:2,345,510 Joined:Aug 2006	Message Posted: Feb 21, 2012 4:11:00 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:14,647 Points:1,306,720 Joined:Sep 2008	Message Posted: Feb 21, 2012 1:09:47 AM Ignore emptypockets2008 Report Abuse OK, OK
ammamama13 Rookie Author California Posts:96 Points:68,285 Joined:May 2011	Message Posted: Feb 21, 2012 1:02:54 AM Ignore ammamama13 Report Abuse and the prices will continue to rise.
abacus44 Champion Author Toms River Posts:3,475 Points:747,515 Joined:Jan 2011	Message Posted: Feb 21, 2012 12:54:18 AM Ignore abacus44 Report Abuse Like Iran doesn't need the money to kep their economy going.
txkrb Champion Author Texas Posts:1,560 Points:638,405 Joined:May 2011	Message Posted: Feb 21, 2012 12:54:06 AM 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 21, 2012 12:53:59 AM Ignore ravenclaw_29 Report Abuse OK
Rooster922 Champion Author Wilmington Posts:3,788 Points:656,070 Joined:Jan 2009	Message Posted: Feb 21, 2012 12:52:20 AM Ignore Rooster922 Report Abuse bbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbb
gasmack Champion Author Ventura Posts:1,710 Points:667,525 Joined:Feb 2011	Message Posted: Feb 21, 2012 12:51:32 AM Ignore gasmack Report Abuse They're still talking crap. Let's see if they can survive the follow through.
bonzoonfmb Champion Author Florida Posts:1,782 Points:643,835 Joined:Feb 2010	Message Posted: Feb 21, 2012 12:51:23 AM 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:3,337 Points:691,725 Joined:Jun 2011	Message Posted: Feb 21, 2012 12:49:43 AM Ignore carman11 Report Abuse OK
Dodge_Me Champion Author Atlanta Posts:2,214 Points:556,230 Joined:Mar 2006	Message Posted: Feb 21, 2012 12:47:06 AM 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 21, 2012 12:42:56 AM Ignore Akcamper Report Abuse screwed again!
bif65 Champion Author Virginia Posts:1,023 Points:195,355 Joined:Jan 2011	Message Posted: Feb 21, 2012 12:42:54 AM Ignore bif65 Report Abuse ok
OGW Champion Author London Posts:5,324 Points:1,531,150 Joined:Sep 2005	Message Posted: Feb 21, 2012 12:37:10 AM 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:3,067 Points:799,835 Joined:Dec 2010	Message Posted: Feb 21, 2012 12:34:21 AM Ignore PoohMcGoo Report Abuse Let Iran starve, they'll cave in..
sit Champion Author Cleveland Posts:5,200 Points:1,931,970 Joined:Feb 2006	Message Posted: Feb 21, 2012 12:28:13 AM Ignore sit Report Abuse OK
mstearno Champion Author Dayton Posts:8,066 Points:1,731,235 Joined:Jan 2008	Message Posted: Feb 21, 2012 12:28:03 AM Ignore mstearno Report Abuse big deal world market
jamieg2012 Veteran Author Sioux Falls Posts:286 Points:11,385 Joined:Jan 2012	Message Posted: Feb 21, 2012 12:26:49 AM 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:4,441 Points:717,640 Joined:Apr 2008	Message Posted: Feb 21, 2012 12:26:14 AM Ignore KhelbenArunson Report Abuse ok
skyking19 Champion Author Little Rock Posts:2,001 Points:1,698,940 Joined:Jan 2007	Message Posted: Feb 21, 2012 12:25:17 AM Ignore skyking19 Report Abuse So there still is a problem.
suzmar Champion Author Texas Posts:2,212 Points:871,990 Joined:Jun 2006	Message Posted: Feb 21, 2012 12:23:43 AM Ignore suzmar Report Abuse I thought the French and the British were boycotting Iranian oil.
my2002m Champion Author Tulsa Posts:6,069 Points:1,669,325 Joined:Jul 2008	Message Posted: Feb 21, 2012 12:20:58 AM Ignore my2002m Report Abuse Who cares. They had already stopped buying from them.
toadNY Champion Author Albany Posts:7,042 Points:1,513,150 Joined:Apr 2008	Message Posted: Feb 21, 2012 12:12:07 AM Ignore toadNY Report Abuse Oil has already gone up an gas will follow!
blazerbob91 Champion Author Milwaukee Posts:6,140 Points:1,882,695 Joined:Aug 2005	Message Posted: Feb 21, 2012 12:09:13 AM Ignore blazerbob91 Report Abuse We will see $10 gas by 2020
Jeff1944 Champion Author South Dakota Posts:4,232 Points:1,073,730 Joined:Jan 2010	Message Posted: Feb 21, 2012 12:07:19 AM 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:7,554 Points:1,172,595 Joined:Sep 2009	Message Posted: Feb 21, 2012 12:06:50 AM 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:5,987 Points:1,112,310 Joined:May 2008	Message Posted: Feb 21, 2012 12:04:58 AM 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:3,227 Points:817,795 Joined:Sep 2009	Message Posted: Feb 21, 2012 12:04:42 AM 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:7,922 Points:1,574,980 Joined:Nov 2008	Message Posted: Feb 21, 2012 12:03:58 AM Ignore abcdMA Report Abuse the sanctions continue
Is246 Champion Author Albuquerque Posts:1,013 Points:426,715 Joined:Apr 2011	Message Posted: Feb 21, 2012 12:02:54 AM Ignore Is246 Report Abuse good
onegiraffeAL Champion Author Alabama Posts:1,015 Points:428,425 Joined:Jan 2010	Message Posted: Feb 20, 2012 11:58:58 PM Ignore onegiraffeAL Report Abuse ok
crowefamily1 All-Star Author Texas Posts:804 Points:297,100 Joined:Sep 2006	Message Posted: Feb 20, 2012 11:58:20 PM Ignore crowefamily1 Report Abuse they should tell iran to go and __________, well you know what I mean.
granitestater Champion Author New Hampshire Posts:8,824 Points:1,430,750 Joined:Oct 2008	Message Posted: Feb 20, 2012 11:57:00 PM Ignore granitestater Report Abuse India will buy the surplus...
kcboy Champion Author Utah Posts:3,968 Points:1,507,800 Joined:Jun 2005	Message Posted: Feb 20, 2012 11:48:50 PM Ignore kcboy Report Abuse They just want to have control over every one.
eye-spy Champion Author Quebec Posts:4,583 Points:2,416,870 Joined:Feb 2005	Message Posted: Feb 20, 2012 11:47:17 PM Ignore eye-spy Report Abuse Nothing like shooting ones self in the foot.
pickledude72 Champion Author California Posts:1,120 Points:836,345 Joined:Jul 2008	Message Posted: Feb 20, 2012 11:41:07 PM Ignore pickledude72 Report Abuse Bummer dudez
Bubba44612 Champion Author Ohio Posts:7,391 Points:1,876,105 Joined:Aug 2005	Message Posted: Feb 20, 2012 11:37:41 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 11:37:17 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 11:36:48 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 11:33:16 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:453,750 Joined:Sep 2011	Message Posted: Feb 20, 2012 11:27:09 PM Ignore nvwarped Report Abuse ok
SparkieMi Champion Author Kalamazoo Posts:3,258 Points:588,325 Joined:Sep 2011	Message Posted: Feb 20, 2012 11:24:58 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 11:24:55 PM Ignore cmsense Report Abuse Iran's population hasn't got fed up yet with the head nut-job.
bevmill Champion Author Georgia Posts:2,577 Points:600,320 Joined:Apr 2006	Message Posted: Feb 20, 2012 11:24:24 PM Ignore bevmill Report Abuse ok
Caribou2011 Champion Author Ohio Posts:3,761 Points:767,860 Joined:Feb 2011	Message Posted: Feb 20, 2012 11:22:13 PM Ignore Caribou2011 Report Abuse Ok
danreino Champion Author Twin Cities Posts:8,348 Points:1,539,755 Joined:Mar 2008	Message Posted: Feb 20, 2012 11:22:08 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 11:21:57 PM Ignore byoftDad Report Abuse How does this matter and warrant a new report?
bullfrog69 Champion Author Texas Posts:2,304 Points:833,510 Joined:Nov 2009	Message Posted: Feb 20, 2012 11:21:26 PM Ignore bullfrog69 Report Abuse Old news jem069, very old! where ya bean?