Wed, 21 Mar 2012 18:36:22 GMT
US releases Japan and 10 EU countries from Iran oil imports embargo
The government of the US allowed 10 EU countries and Japan to be excluded from the Iranian oil sanctions as these countries managed to cut Iranian oil imports essentially. The sanctions are aimed at punishing countries that go on purchasing large amounts of Iranian oil. The biggest oil importers as South Korea, China and India were not exempted from the