Greece Turns to Iranian Oil as Default Fears Deter Trade

- November 11th, 2011

Reuters reported that Greece is depending on Iran for most of its oil supply.

Reuters reported that Greece is depending on Iran for most of its oil supply.

As quoted in the market news:

The near paralysis of oil dealings with Greece, which has four refineries, shows how trade in Europe could stall due to a breakdown in trust caused by the euro zone debt crisis, which is threatening to spread to further countries.

Click here to read the full Reuters report.

Tags

Tags: ,

Leave a Reply