Iran has indicated that its threat to cut oil supplies to European states in order to pre-empt a European Union oil embargo that comes into effect in July may be only a symbolic one.
Rostam Ghasemi, Iran’s oil minister, on Saturday said that any cut-off in Iranian oil supplies would target “hostile states” and should not harm European people in winter. “We will certainly cut [oil exports] to some European states,” Mr Ghasemi said, but gave no indication on timing and failed to name any of the “hostile” states to be targeted by punitive Iranian action.
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