European Union agrees to oil embargo, Iran says it will work around ban
Yahoo Thursday 5th January, 2012
An Indian petrol pump employee fills the tank of a motorbike at a petrol station in Amritsar on July 7, 2011. India imports about 80 percent of its crude oil and has been frantically seeking new fuel sources as its economy grows. (NARINDER NANU/AFP/Getty Images) The European Union has reached a preliminary agreement to ban imports of Iranian oil, ...

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