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Japan’s oil importers seek Iran solution
Financial Times – Japanese importers are searching for new ways to pay for Iranian oil a month after a US district court froze bank accounts held by Tehran. Failure to resolve the payments issue could not only threaten Iranian oil imports – which account for 6.2 per cent of Japan’s oil – but could also further squeeze the Iranian economy, ultimately endangering its repayment of nearly $4bn of loans to Japan. Read Article
Tags: Asia, debt wealth, energy resources, Iran, Middle East
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