FRANCE SENDS A POWERFUL MESSAGE TO IRAN: TOTAL WON'T INVEST

From Reliapundit at the Astute Bloggers:


BBC: French firm 'quits Iran gas deal'

The boss of French energy giant Total says he will not invest in Iran because it is too risky.The firm had been due to develop gas fields in the south of the country, but Christophe de Margerie told the Financial Times it would not go ahead.

The announcement comes a day after Iran test-fired a series of missiles, amid weeks of rising tensions with Israel over Tehran's nuclear ambitions.Analysts say the move will be a big blow to Iran's energy industry.