Iran Stops Oil Sales to British, French Companies.
Description:Iran state television announces Sunday that Tehran has stopped selling crude to British and French companies in retaliation against fresh EU sanctions on the Islamic state's lifeblood, oil. In January the European Union decided to stop importing crude from Iran from July 1 over its disputed nuclear program, which the West says is aimed at building bombs but Iran denies. On February 4, Iran's oil minister warned that the Islamic state would cut its oil exports to "some" European countries.(1:26)