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Poolside photos of 59-year-old Christie Brinkley are a Web sensation
TEHRAN, Feb. 20 (UPI) -- An Iranian official said it was selling crude oil to new customers after opting to stop oil deliveries to British and French companies.
Oil prices rose Monday after Iran announced it was halting exports to some European customers in response to sanctions imposed by the European Union.
"Exporting crude to British and French companies has been stopped," government spokesman Alireza Nakzad, was quoted by British daily newspaper The Daily Times as saying. "We will sell our oil to new customers."
The European Union said it was placing an embargo on Iranian crude oil as punishment Tehran not being complete open about its nuclear program. Iranian lawmakers responded by backing a measure that would pre-empt the European embargo, which would go into effect starting in July.
European officials said there was enough oil in storage to meet demands for around three months in the event of an Iranian embargo.
The United Kingdom hasn't imported oil from Iran since last year, the newspaper stated. France receives around 75,000 barrels of oil per day from Iran.
Iran is one of the top oil producers in the Organization of the Petroleum Exporting Countries. The spokesman didn't offer specifics about the new customer base.
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| Additional Energy Resources Stories | |
ERBIL, Iraq, June 19 (UPI) --
Iraq's Kurds have consolidated their growing energy sector with Chevron Corp. securing a third exploration block in the semiautonomous northern region that increasingly operates as a de facto independent state and France's Total buying a majority stake in another.
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RIYADH, Saudi Arabia, June 19 (UPI) --
Britain's BAE Systems, Europe's biggest defense company, reportedly expects to wrap up a price deal with Saudi Arabia for 72 Eurofighter Typhoon combat jets after two years of tortuous negotiations.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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