ECONOMY

Iran Oil Ministry denies report on EU ban

Iran’s Oil Ministry denied state media reports on the Islamic state stopping its crude exports to six European countries on Wednesday.

“We deny this report … If such a decision is made, it will be announced by Iran’s Supreme National Security Council,» a spokesman for the ministry told Reuters.

Iran’s English language Press TV had earlier said Tehran has stopped exporting oil to France, Portugal, Italy, Greece, Netherlands and Spain.

[Reuters]