Iran cuts oil exports to France and Britain

Iran has cut off oil exports to France and Britain as reported by the Montreal Gazette.

In a move seen as retaliation for sanctions placed against them, Iran cut off it's exports of oil to France and Britain on Sunday.

The move coincides with UN inspectors arriving in the Islamic Republic on Monday to press about the disputed Nuclear Program undertaken there.

Iran has long denied that they are developing nuclear arms and insist that their Nuclear Program is for peaceful reasons.

The Eu had placed sanctions on Iran in recent weeks, which led IRan threatening to close the Strait of Hormuz which is seen as a major shipping lane in the Gulf.

Flickr photo by: Marius Waldal