Uploaded by RussiaToday on Jan 24, 2012
The EU has delivered on its threat to
ban the import of crude oil from Iran, in response to its nuclear
programme. The latest round of sanctions prohibits any new oil
contracts, while allowing for existing deals to run until July. But
Tehran is apparently finding ways to keep business pumping. Reports say
Iran will keep supplying one of its biggest customers - India - but will
get payment in gold instead of dollars.
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