BREAKING NEWS

Shell stops selling gasoline to Iran

By ASSOCIATED PRESS

MARCH 10, 2010 18:25

AMSTERDAM — Royal Dutch Shell Plc said Wednesday it has stopped selling gasoline to Iran, the latest company to cease business with a country that is increasingly targeted by US-encouraged economic sanctions.

"We do not currently sell any gasoline to Iran," said Rayiner Winzenried, a Shell spokesman, in The Hague.

He declined to say when the sales to Teheran were halted or to relate the move to the call for tougher sanctions. Reports say the Dutch-Swiss traders Vitol Holding BV and Trafigura also have halted sales to Iran, as has Glencore International AG, another Swiss-based commodities trader.

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