How much oil does Europe buy from Iran?

February 22, 2012

Iran announced on Feb. 19 that it would halt all oil sales to France and Britain, a response to new EU sanctions on Iranian oil imports due to go into effect this summer. But the top 10 European economies actually acquire only a modest share of their oil from Iran. The following are EU statistics on Iranian oil imports in those 10 countries for 2010.

Share of total oil imports

Spain 14.6%

Greece 13.8%

Italy 13%

Austria 10%

Belgium 7%

Netherlands 4%

France 2.8%

Czech republic 2%

Germany 1.6%

Portugal 1.6%

United Kingdom 0.2%