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Posts related to ‘Iranian oil embargo’

Vitol Still Trading in Iranian Oil

Posted: September 26, 2012 at 6:56 am

Reuters reports that the world largest oil trader -- Vitol -- continues to buy and sell Iranian oil. This could cripple efforts by Europe and the United States to pressure Iran ...
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Iran-US Tensions Rise, So Do Oil Prices

Posted: July 3, 2012 at 8:06 am

Iran’s parliament yesterday introduced a bill that would direct the country’s military forces to block shipments of crude oil through the Strait of Hormuz if the destination of the shipment ...
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Saudis Reopen Pipeline Bypassing Strait of Hormuz — Reuters

Posted: June 28, 2012 at 12:52 pm

Although the tensions between Iran and the US and Europe have relaxed somewhat in the past couple of months, not everyone is taking for granted that a long-term solution to ...
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What Happens if Iran Does Close the Strait of Hormuz? $440 Oil?

Posted: March 5, 2012 at 12:28 pm

As Iran continues its tough talk about US-led sanctions against the country’s oil and banks, the Islamic Republic’s threatened closure of the Strait of Hormuz remains the most potent weapon ...
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Iran Walks Back Crude Oil Cut-off Threats

Posted: February 6, 2012 at 7:27 am

Iran’s oil minister said over the weekend that if the country does cut off oil shipments to Europe, the cuts would be directed only at “hostile” nations. The European Union ...
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