Detailed text transcripts for TV channel - FOXNEWS - 20120315:15:59:00
Petroleum reserves in both countries. now, this is on news that a major oil hub in europe is cramp ing down on iran's oil business within the e.u. as we all wait for the sanctions on the oil markets in iran to start taking major effect. reuters is also reporting this was agreed, this agreement about releasing some of the reserves was talked about during the president's meeting with the prime minister of the u.k., david cameron. so, again, just single reports at this time, but we notice with the news of heightened sanctions on iran's economy that we weren't seeing oil prices go up. we were sens...
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