PPRuNe Forums - View Single Post - Iran Threatens to Close Strait of Hormuz

5th Jan 2012, 22:38

#112 (permalink)

Andu

Join Date: Aug 2000

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Quote:

Question: The EU plans on banning the importing of oil from Iran. What would the reaction be if Iran were to lower the price of its oil?

The French, possibly through a third party, would buy the cheap oil.

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