Friday, March 26, 2010

Trafigura, Vitol stopping Iran gasoline sales-sources

Oil trading firms Trafigura and Vitol are stopping gasoline sales to Iran, industry sources said on Monday, joining a growing list of suppliers that have halted sales under threat of U.S. sanctions.

Vitol decided to stop participating in new tenders to supply Iran at the start of the year, the company said in a statement e-mailed to Reuters. It was completing existing spot supply deals that were made before the start of the year, it added.

Check out the Reuters story for more information