Iran Threatens Six European Nations With Oil Cutoff

Wednesday, 15 Feb 2012 11:37 AM

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Iran has threatened to cut oil exports to France, Greece, the Netherlands, Portugal, Spain and Italy. The move is in retaliation for increased sanctions on Iran over its nuclear program, The Washington Post reported.

France and the Netherlands were told by Iran's Foreign Ministry that they would be getting no oil. Greece and Italy were warned that they must extend their long-term oil-purchasing contracts or their supply would be ended. The  Iranian media outlet Fars News Agency, quoting an Oil Ministry source, reported that exports have not been stopped but Iran has given an ultimatum to those countries to continue their long-term contracts, the Post reported.

The move follows European Union sanctions on Iran’s banking and energy industries that included a boycott of new oil contracts. The shutoff came after reports that Iran has started loading fuel rods into a nuclear reactor used to make medical isotopes. The country was also expected to announce that an underground complex for uranium enrichment is now operational, the Post reported.

The underground bunker involves the Fordow enrichment site, near the central city of Qom. Critics, including Israel and countries in the West, charge that putting centrifuges in bunkers in a mountain is a sign that Iran is trying to hide parts of its nuclear program, the Post reported.


© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Ted Cruz, Jeff Sessions: Obama Must be Stopped on Amnesty

Friday, 25 Jul 2014 09:08 AM

GOP Sens. Ted Cruz of Texas and Jeff Sessions of Alabama Thursday criticized President Barack Obama's reported plans to  . . .

US Says Russia Firing Artillery at Ukraine Military

Thursday, 24 Jul 2014 18:51 PM

The United States said on Thursday that Russia was firing artillery across its border with Ukraine to target Ukrainian m . . .

Texas National Guard Could Get Powers to Arrest

Friday, 25 Jul 2014 07:59 AM

The Texas National Guard could acquire the power to make arrests after Gov. Rick Perry announced plans to deploy 1,000 t . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved