Monday, June 28, 2010

France's Total Stopped Gasoline Sales To Iran


http://online.wsj.com/article/BT-CO-20100628-701241.html

LONDON (Dow Jones)--French oil company Total SA (TOT) has become the latest company to discontinue the sale of refined products to Iran, a person familiar with the matter said Monday, amid new U.S. sanctions aimed at choking off its gasoline imports.

It's unclear when Total decided to halt the sales and if it has outstanding delivery commitments.



-By Benoit Faucon, Dow Jones Newswires; +44-20-7842-9266; benoit.faucon@dowjones.com

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