Iran hits back at EU with own oil embargo threat
TEHRAN (Reuters) – Fighting sanctions with sanctions in a trial of strength with the West over its nuclear ambitions, Iran warned on Friday it may halt oil exports to Europe next week in a move calculated to hurt ailing European economies. At the same time, the government in Tehran, grappling with its own economic crisis under Western trade and banking embargoes, will host a rare visit on Sunday by U.N. nuclear inspectors for talks that the ruling clergy may hope can relieve diplomatic pressure as they struggle to bolster public support. ...
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