link» Iran May Cut Oil Sales to EU Before July - Reuters
[Iran’s] Parliament will debate on Sunday a bill that would oblige the government to halt oil exports [to EU] ahead of the July 1 deadline the EU set in order to soften the blow to the ailing economies of Greece, Italy and others to whom Iran is a major supplier.
“All European countries that made Iran the target of their sanctions will not be able to buy even one drop of oil from Iran and oil taps will be turned off to them so that they will not play with fire again,” lawmaker Nasser Soudani told the semi-official Mehr news agency.
If that’s done 3 or 4 southern European states go belly up and EU and then USA will go belly up too. Hmm. But EU of course must knew this retaliatory move by Iran coming.
January 26, 2012, 6:20pm 0 notes