IMF: Iran stops exports of oil prices increase 30%

Untitled

International Monetary Fund said that exports would halt Iran could raise oil prices at ratesbetween 20 and 30%.

The price of Brent crude settled above $ 110 yesterday to supply concerns with renewedIranian threats to close the Strait of Hormuz. He said lawyers and officials, the ban imposed by the EU does not only include the imports of Iranian oil, but also buy European companiesto sell crude in places outside the Union. A senior official of the European Union «This is a complete ban».