Iran has announced it is cutting oil exports to six European countries ahead of sanctions imposed by the EU.
State TV said exports to Netherlands, Spain, Italy, France, Greece and Portugal would be cut, but did not elaborate on to what extent oil would be allowed to be traded, if at all.
Around 18% of Iran's oil exports currently go to the EU. Less than 1% of its oil exports go to the UK.
For more: Iran Cuts Oil Exports To Netherlands, Spain, Italy, France, Greece and Portugal
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