Royal Dutch Shell : We Will Stop Buying Crude Oil From Iran Soon

Royal Dutch Shell announced on Thursday that the company will stop buying the crude oil from Iran the next few week before the European deadline to execute the sanctions .

The spokeman of the company in Amsterdam confirmed this news and said the decision has been made by Peter Voser , CEO of the Royal Dutch Shell .

This company buys around 200,000 crude oil barrels a day from Iran and distribute them to Japan and European countries . However the spokeman didn’t confirm this number .

Shell announced earlier that the company will still cooperate with Iran despite applying sanctions , But never mentioned a time . Shell doesn’t have any active project in Iran however they have an office located in Tehran and they sell Helix product .

Now China , India and Japan are the big buyer of Iran’s oil respectively , They import around 45% of Iran’s oil .

Iran Oil Ministry recently stopped oil exports to several European countries and threated to do the same for others .

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