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Tuesday, February 21, 2012

Iran Sets Conditions For Oil To European Nations

Iran has laid out conditions for future oil exports to other European countries after halting sales to Britain and France earlier this week, the Iranian Foreign Ministry spokesman said today.

The remarks by the spokesman, Ramin Mehmanparast, came a day after oil prices jumped to a nine-month high above USD 105 a barrel following Iran’s announced halts in crude shipments in an escalation of the dispute over the country’s nuclear programme.

From: http://ping.fm/G6ftT

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