Blame Iran And China For Rising Gas Prices
- Wednesday, February 22, 2012, 3:43
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Iran’s Oil Ministry on Sunday announced the suspension of crude oil sales to companies from the U.K and France as the Islamic state responds to a European Union embargo set to take effect July 1. France’s Total and Britain’s BP had already ceased purchasing Iranian oil prior to the announcement, so the impact on supply and demand may be tiny.
http://www.forbes.com/sites/johndobosz/2012/02/20/blame-iran-and-china-for-rising-gas-prices/
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