Sunday, February 19, 2012

Shipments of Oil to Britain and France Suspended

Iran has suspended the shipments of oil to Britain and France in an early response of the European Union's to cut off oil imports from Iran and freeze central bank assets. This is seen as a symbolic act by Iran because Britain and France do not rely that heavily on oil from Iran. It is seen as an act against the fact that these two strong nations are trying to stop Iranian nuclear activities and to bring pressure to bear on Syria. This suspension of oil is also seen as a tactic to divide the European Union into countries that need Iranian oil and those that do not. Neither country has commented on the suspension yet and it is clear that Iran must start looking for new customers to buy their oil.

http://www.nytimes.com/2012/02/20/world/middleeast/iran-halts-oil-shipments-to-britain-and-france.html?_r=1&ref=world

Jessica Connor

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