Iran's retaliatory measure: a toll-free warning

(B2) Iran's decision to halt its oil exports to two European Union countries - UK and France - announced on Sunday (February 19) by Iran's oil ministry spokesperson - looks more like a coup d sword in water. The UK had already ceased all imports of Iranian crude. And, for France, this country represented only a limited share of imports (2,80% in the first months of 2011). After the sanctions decided by the European Union, on January 23, " French companies have already stopped buying Iranian oil confirmed the Quai d'Orsay yesterday. Iran, which had threatened to take retaliatory measures against its European partners the next day, therefore scaled down its reply to a minimum, so as not to affect its essential partners (Greece, Italy, etc.) but also its industry. oil company which would no doubt find it difficult to find takers on the world market immediately. This is therefore a free warning.