Iran exploring oil sales to Japan, with buyers seeking longer sanctions waiver
AI Summary
Iran is exploring the possibility of selling crude oil to Japan, marking the first such potential transactions since 2019. Japanese buyers seek longer sanctions waivers to enable these purchases amid geopolitical tensions.
Three Japanese buyers were looking at possible crude oil purchases from Iran, βtheir first since 2019, said two Iranian sources.
Politics Markets Deals Commodities Energy Iran Japan oil sales sanctions waiver crude oil buyers energy market