Japan reduced Iranian oil imports by 22.5% last month

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Source: Commodityonline
Japan reduced its oil purchases from Iran by about 339,000 barrel per day, or by 22.5% in January, reported the Ministry of Economy. Japan was looking for ways to cut its Iranian oil imports to be avoid US ban. The US reported that the country that will manage to reduce essentially Iranian oil consumption will be allowed not halting totally Iranian oil imports.


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Wed, 29 Feb 2012 12:22:09 GMT

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