Thursday, 28 February 2013

Economy News Headlines - Yahoo! News: S.Africa imports no Iranian crude again in Jan

Economy News Headlines - Yahoo! News
Get the latest economy news headlines from Yahoo! News. Find breaking economy news, including analysis and opinion on top economy stories, photos and more.
S.Africa imports no Iranian crude again in Jan
Feb 28th 2013, 14:02

A customer uses a petrol nozzle to fill up his tank in a gas station in NiceJOHANNESBURG (Reuters) - South Africa suspended all imports of crude oil from Iran for an eighth consecutive month in January, data showed on Thursday, as Pretoria steers clear of the shipments because of sanctions. South Africa used to import a quarter of its crude from Iran but has come under Western pressure to reduce the purchases as part of sanctions aimed at halting Tehran's suspected pursuit of nuclear weapons. In May last year, imports from Iran stood at 285,524 tonnes but since June, Africa's biggest economy has replaced the shipments with crude from other suppliers. ...


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