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Iran says it may extend oil cut to more EU countries

File photo shows an Iranian oil worker repairs a pipe at an oil refinery in Tehran
File photo shows an Iranian oil worker repairs a pipe at an oil refinery in Tehran
Image: Vahid Salemi/AP/Press Association Images

AN IRANIAN semiofficial news agency says Tehran is considering extending its oil embargo on France and Britain to other European countries.

The Monday report by Mehr quoted head of the National Iranian Oil Company Ahmad Qalehbani as saying that Tehran may stop crude exports to European Union members that continue “hostile acts” against Iran.

Qalehbani predicts that oil prices could possibly pass $150 per barrel, without specifying when.

Oil prices jumped to a nine-month high of nearly $105 a barrel on Monday in Asia after Iran announced the halt on exports to Britain and France.

Iran imposed the cuts pre-emptively in retaliation for EU sanctions scheduled to go into effect in July to pressure Tehran over its controversial nuclear programme.

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Comments (19 Comments)

  • Martin Healy 20/02/12 #
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    As sure as eggs are eggs there will be a war against Iran. Sooner rather than later.

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    • Irish Mule 20/02/12 #
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      im sorry to say i have to agree with you Martin, its a horrible thought but it looks like war is looming. I cant see the west just cutting their military in half after Iraq/Afghanistan so its prob more economical for them to hit Iran now while they have all their hardware in the Middle east. I hope peace finds a way but theres too many kids in the military hierarchy who want to play war.

    • Martin Healy 20/02/12 #
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      I think you hit the nail on the head there Irish. The west is now buttering us up to justify an invasion.

  • Martin O Regan 20/02/12 #
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    Blood for oil .This man will start world war 3 , then god help us all .No oil will matter then . Why we can’t find an alternative to oil ! Then this mad man
    Would have no money to finance his nuclear program. When we buy oil off of Iran . We are the people , who are paying for his nuclear program ..

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    • Revolting Peasant 20/02/12 #
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      another hollywood propaganda believer, id say if the west stuck its nose out of the middle east none of this would be an issue

    • Up 20/02/12 #
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      You really should stop listening to all the propaganda news and do some research for yourself, If Iran really had nuclear weapons America would not go near them, they will just make up whatever they want to try and justify invading another country like they have been doing over and over again, how’s the search for weapons of mass destruction coming along? just 1 example. all they want is to steal Iran’s oil now before they can defend themselves and i don’t mean by violence, nuclear weapons have become the ultimate bargaining tool between nations. America is the biggest threat to this world and always will be.

    • Imran Ali 20/02/12 #
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      F*ck me, I don’t even know where to start with that

  • Begrudgy 20/02/12 #
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    If america is so concered about the dangers of nuclear energy and power they should lead the way and get rid of theirs.

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  • Derek Durkin 20/02/12 #
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    As Smedley Butler said “War is the greatest racket of them all”. Considering the US financial situation this will probably kick the can down the road for a while before it comes crashing down for them. The danger here is this going regional and then global ( Russia +China ) and with some pyschopaths on both sides with their expensive toys of mass destruction god knows what will happen. So anyone calling for war with Iran is a danger to the future of humanity and really needs a good slap or two.

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  • Pilib O Muiregan 20/02/12 #
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    What about Israels nukes, they haven’t let inspectors into their country. The American propaganda is flying in all directions. Russia today is about the only decent news channel at the moment.

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  • Gavin McGuinness 20/02/12 #
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    Here we go… government will now take this opportunity to raise taxes on fuel and blame it on the Iranians.

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  • Majid Hasan 20/02/12 #
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    Uncle Sam needs Oil only. If ireland had those reserves of Arabs, they would have threatend ireland of the war and attacks. And somehow they will proove Ie also has nuclear assests hiding somwhere north of Dublin

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  • Dario Fo 21/02/12 #
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    Time for minister for energy to stop farting around and build a nuclear power plant in Eamon Ryan’s back garden..

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