21.02.2012 28.Schwat. 5772
Newspaper says Japan to reduce oil imports from Iran by 11 percent to win exemption from US sanctions on Iran.
Japan's trade and foreign ministers said on Tuesday they haven't reached an agreement yet on how much Tokyo will cut Iranian crude imports to win waivers from US sanctions designed to starve Iran of oil revenue.
Japan is likely to reduce imports of crude oil from Iran by at least 11 percent per year, the Yomiuri newspaper said earlier on Tuesday, to win an exemption from sanctions that could shut Japanese banks out of the United States if they facilitate trade in Iranian crude….