Eu Bans Iran Oil

Iran has halted its limited oil sales to France and Britain in retaliation for a phased EU ban on Iranian oil.

Iran has halted its limited oil sales to France and Britain in retaliation for a phased EU ban on Iranian oil that is yet to take full effect, the oil ministry said on Sunday.

Iran said today it would "revise" its oil sales to six EU countries in retaliation for a staggered EU ban on its petroleum exports, the website of state broadcaster IRIB reported.

European countries have taken their boldest step so far in the increasingly tense standoff with Iran over its nuclear program, agreeing in principle to impose an embargo on Iranian oil, French and European diplomats said on Wednesday.

Iran has halted its limited oil sales to France and Britain in retaliation for a phased EU ban on Iranian oil.

Iran has halted its limited oil sales to France and Britain in retaliation for a phased EU ban on Iranian oil that is yet to take full effect, the oil ministry said on Sunday.

Iran said today it would "revise" its oil sales to six EU countries in retaliation for a staggered EU ban on its petroleum exports, the website of state broadcaster IRIB reported.

European countries have taken their boldest step so far in the increasingly tense standoff with Iran over its nuclear program, agreeing in principle to impose an embargo on Iranian oil, French and European diplomats said on Wednesday.