Posted by: mulrickillion | February 4, 2012

Iran says oil ban will not halt nuclear work


Iranian Oil Minister Rostam Qasemi talks to journalist during a news conference in Tehran February 4, 2012. REUTERS/Raheb Homavandi.

By Parisa Hafezi and Ramin Mostafavi, Feb 4, 2012 — TEHRAN (Reuters) – Iran’s oil minister said the Islamic state would not retreat from its nuclear program even if its crude oil exports grind to a halt, the official IRNA news agency reported on Saturday.

But he also called on the European Union, which accounted for a quarter of Iranian crude oil sales in the third quarter of 2011, to review its decision last week to bank Iranian oil imports from July 1.

"We will not abandon our just nuclear course, even if we cannot sell one drop of oil," Rostam Qasemi told reporters, according to IRNA. . . .

Iran says oil ban will not halt nuclear work – Yahoo! News


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