No more oil for the Greeks


According to a report in the Islamic Republic News Agency website, Oil Minister Rostam Qasemi has confirmed that Iran is no longer selling oil to Greece.

The minister is quoted as saying that “Iran does not sell its oil to that country right now”. Although he then qualified his remarks by saying that the issue had not been finally settled. Iran has also cut off the United Kingdom and France from its oil sales in a tit for tat response to the European Union’s embargo on Iranian oil.

The reason for singling out Greece at the moment is based upon rumours that Greek companies may not have paid their bills.

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