Iran Halts Oil Shipments to Britain and France

World

0  Updated at 7:25 am, February 19th, 2012 By: ABC Digital
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Digital Vision/Thinkstock(TEHRAN, Iran) — Iran halted export of oil to Britain and France in response to sanctions imposed on the country by the European Union.

The oil ministry made the announcement on their website on Sunday. The EU imposed the sanctions against Iran last month to pressure the nation to stop developing a nuclear program. While Iran says they are intending to build new energy sources, EU nations and the United States believe the nation wants to use the program to build nuclear weapons.

Iran’s oil exports to EU nations consist of nearly 20 percent of their oil shipments but a spokesperson said on the ministry website that the country can export to new customers.

It is unclear why Britain and France were singled out among the 27 EU countries.

Copyright 2012 ABC News Radio

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