Japan’s imports of Iranian crude oil fell to zero in July for the first time since 1981, trade ministry data showed on Friday, as Iran’s No.3 oil buyer reined in its appetite to keep from falling afoul of European Union sanctions targeting insurance.
Tag: crude
Spain says imports less Iran crude, more Nigerian
MADRID, April 9 (Reuters) – Spain’s crude imports from Iran dropped in January, while its supplies from Nigeria and Iraq rose sharply, just as the European Union imposed sanctions on the Islamic Republic, official data showed on Monday.
Japan refiners deepen Iran crude import cuts
SINGAPORE/TOKYO April 4 (Reuters) – Japanese refiners will cut Iranian crude imports yet again in April as they shy away from renewing annual contracts, showing continued commitment to U.S.-led sanctions over Tehran’s nuclear programme.
Exclusive: In major blow, EU agrees embargo on Iranian crude
By Justyna Pawlak and Parisa HafeziBRUSSELS/TEHRAN, Jan 4 (Reuters) – European governments have agreed in principle to ban imports of Iranian oil, EU diplomats said Wednesday, dealing a potentially heavy blow to Tehran that crowns new Western economic sanctions imposing real pain just months before an Iranian election.
Saudi would replace Iran crude if EU embargoes-sources
By Amena BakrDUBAI Dec 27 (Reuters) – Top oil exporter Saudi Arabia and other Gulf OPEC states are ready to replace Iranian oil if further sanctions halt Iranian crude exports to Europe, industry sources said on Tuesday.