Bank Of Baku

Iranian oil minister: “If sanctions against Iran will not be abolished, we’ll stop oil export to whole Europe”

Iranian oil minister: “If sanctions against Iran will not be abolished, we’ll stop oil export to whole Europe”
# 12 May 2012 12:15 (UTC +04:00)
Baku. Konul Jafarli – APA. “If the sanctions against Iran will not be abolished at the next discussions among the six major countries, we’ll stop the oil export to whole Europe”, said the Iranian oil minister Rustam Qasimi, APA reports citing Mehr agency.

According to him, Iran has not any difficulty on oil sale and getting of money. Qasimi said the many countries stand in a queue for purchase of Iranian oil and Iran would not face any problem when it stops oil export to Europe: “This step will increase the oil price in the world market”.
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