Big oil traders reduce supply to Iran in relation to possible U.S. sanctions against the State, reported the newspaper The Wall Street Journal.

reason

possible sanctions - Iran's nuclear program.

talk about sanctions arose after the West began to put pressure on Iran so that he has reduced its nuclear program.

Some of the major oil companies do not have to wait and began training - the newspaper writes.

British BP six months ago stopped supplying gasoline and other petroleum products to Iran, the WSJ said citing a source familiar with the situation. The French company Total has assured that it would suspend deliveries if the United States and European countries have approved measures aimed at reducing the export of oil products in Iran.

According to the newspaper, American companies are prohibited from supplying petroleum products to Iran.

Iran is the largest producer and consumer of oil - the stateprovides about 40% of demand met by imports of petroleum products. Its consumption of petrol and diesel is 140 thousand barrels per day for $ 5-7 billion per year (depending on oil prices). Most petroleum products are imported from European countries.

Meanwhile, Venezuela said it plans to supply to Iran of 20 thousand barrels of oil a day, beginning in October. Also supply oil products to Iran from China (though China does not officially transports petroleum products to Iran, they enter the country, mixing with oil from other vendors). Also, oil can be exported to Iran, neighboring states, such as Azerbaijan.