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iranian crude

Asians Resume Oil Imports from Iran

Japan and South Korea will resume imports of Iranian crude oil as of next month or so after halting shipments ahead of new US sanctions on the Islamic Republic.

US Sanctions to Help China Buy More Iran Oil: WSJ

The US government is expecting Iran’s oil clients to sharply cut imports from the country under the threat of sanctions but senior American officials believe China is likely to buy even more Iranian crude.

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