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Europe signals Iranian oil ban

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The E.U. is a crucial buyer of Iranian oil; Embargoing it over nuclear bomb concerns would hit Tehran where it hurts<div class=feedflare>
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I wonder how Iran would react to this development as it does sound effective in getting them to quit making threats about closing the strait where a lot of ships use to pass oil through. Will America join the EU in embargoing Iran or will they still keep taking their oil?
 
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