Saudi Arabia sends 54 new relief trucks to Syria through Jordanian border    Hans Zimmer delivers a spectacular musical night at Riyadh Season    Storm brings relief to California wildfires but raises flash flood concerns    Vice President JD Vance breaks tie to confirm Pete Hegseth as secretary of defense    No signs of severe winter as Saudi Arabia enters final third of the season    Saudi Arabia records over 22,500 residency, labor, and border violations    KSrelief concludes prosthetic limbs project for Ukrainian refugees in Poland    Hamas hands over four Israeli soldiers under Gaza ceasefire and prisoner exchange deal    Putin claims Ukraine crisis might not have occurred if Trump had been reelected    Saudi Arabia to host regular World Economic Forum global meeting starting 2026    Governor of NDF highlights development strategies at King Abdulaziz University panel    Bank of Japan raises rates to highest in 17 years    Injured Djokovic booed off after quitting semi-final    Trump shrugs off Elon Musk's criticism of AI announcement    Why do athletes earn such high incomes?    Al Ittihad defeats Al Shabab 2-1 to stay in title race with Al Hilal    Julian Quinones' brace secures Al Qadsiah's 2-0 win over Al Orobah    Tina Turner's lost Private Dancer song rediscovered    Comeback queens, blockbusters and Succession stars: The Oscar nominations previewed    Dangerous drug-resistant bacteria are spreading in Ukraine    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Iran warns of new oil sale cuts to Europe
Published in The Saudi Gazette on 20 - 04 - 2012

Iran's oil minister on Thursday raised the prospect of more cutoffs in oil sales to the European Union if the bloc failed to show some flexibility toward Iran ahead of a second round of nuclear talks next month.
Oil Minister Rostam Ghasemi said that while Iran has cut sales to Britain and France, it continues selling crude to “other countries” in the world. The remarks were likely to stir up confusion since they appeared to contradict earlier government statements that Tehran had also cut exports to Greece and Spain.
Iran first imposed the oil embargoes on Britain and France in February and in April, it said oil sales were cut to Greece and Spain as well. The measures were meant as preemptive retaliation ahead of an EU oil embargo that is due to go into effect in July.
The EU imposed the ban because of Iran's refusal to halt its controversial nuclear program. The bloc imports some 18 percent of total 2.2 million barrels of Iran's daily oil production.
Ghasemi said that if sanctions imposed by the 27-nation bloc were not lifted by the next round of nuclear talks between Tehran and world powers, then “we will surely cut oil to Europe.”
“We are hopeful that they will lift sanctions on Iran's oil,” said Ghasemi. “What we have officially cut is crude export to Britain and France. The oil sale to other countries has continued.”


Clic here to read the story from its source.