19 February 2012 Last updated at 07:54 ET
Iran has halted oil sales to British and French companies, the nation's oil ministry has said.
A spokesman was reported as saying on the ministry's website that Iran would "sell our oil to new customers".
European Union member states had earlier agreed to stop importing Iranian crude from 1 July.
The move is intended to pressure Tehran to stop enriching uranium, which can be used for civilian nuclear purposes but also to build warheads.
Article Source : BBC News
Similar Newsgab Articles: