Last Updated: Wed Feb 15, 2012 16:39 pm (KSA) 13:39 pm (GMT)

Iran oil ministry denies state media reports on EU oil stop

The European Union banned imports of oil from Iran and imposed a number of other economic sanctions, joining the United States in a new round of measures aimed at deflecting Tehran’s nuclear development program. (Reuters)
The European Union banned imports of oil from Iran and imposed a number of other economic sanctions, joining the United States in a new round of measures aimed at deflecting Tehran’s nuclear development program. (Reuters)

Iran’s Oil Ministry denied state media reports on the Islamic state stopping its crude exports to six European countries on Wednesday.

“We deny this report ... If such a decision is made, it will be announced by Iran’s Supreme National Security Council,” a spokesman for the ministry told Reuters.

Earlier reports on Wednesday suggested that Iran would “revise” its oil sales to six European Union countries in retaliation for an EU ban on its petroleum exports, the website of state broadcaster IRIB reported.

“Today the ambassadors of some European countries were called in by the foreign ministry, where it was insisted to them that Iran will revise its oil sale to these countries,” IRIB reported without giving further details.

The countries targeted were France, Greece, Italy, the Netherlands, Portugal and Spain, it said.

The EU’s 27 member states have decided to stop importing crude from Iran from July 1 over its disputed nuclear program, which the West says is aimed at building bombs. Iran denies this.

Iran’s oil minister said on February 4 that the Islamic state would certainly cut its oil exports to “some” European countries.

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