Iran Set to Turn Off Oil Supply to Europe By: Der Spiegel and Wires | Der Spiegel

Iran Set to Turn Off Oil Supply to Europe

By: Der Spiegel and Wires | Der Spiegel

The European Union embargo on Iranian oil will only come into effect in six months, but the leadership in Tehran wants to act first: Exports to Europe are set to be halted immediately. It is a move which could mean added difficulties for struggling economies in southern Europe.