Showing posts with label Opec. Show all posts
Showing posts with label Opec. Show all posts

Monday, July 2, 2012

Iran-Oil Sanctions Risk Biggest OPEC Export Loss Since Libya


European Union sanctions on Iran entered into full force yesterday after exemptions on some contracts and insurance ended, boosting crude prices and pressure on the Persian Gulf nation to halt its nuclear- enrichment program.
Iran Sanctions Risk Biggest OPEC Export Loss Since Libya
The reduction in Iranian exports may become the biggest supply disruption