Eu Raises Stakes With Iran Oil Embargo

BRUSSELS (AP) -- The European Union and Iran raised the stakes Monday in their test of wills over the Islamic republic's nuclear program, with the bloc banning the purchase of Iranian oil and Iran threatening to retaliate by closing the Strait of Hormuz, through which a fifth of the world's crude is transported....

Topics:  brussels ap     the european union   islamic   iranian   strait   hormuz   iran   stakes   oil   
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