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2018-10-01 11:30:00

IRANIAN OIL FOR JAPAN UP 65%

IRANIAN OIL FOR JAPAN UP 65%

PLATTSJapan's crude oil imports from Iran jumped 65% year on year in August, marking the fourth consecutive month of increase, according to government trade data released Thursday.

This signals domestic refiners' efforts to take as many cargoes as possible before US sanctions against Iran come into effect in November.

The 65% rise lifted Japan's imports of Iranian crude oil to 177,475 b/d in August, contributing to the 5.9% year…

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Tags: IRAN, JAPAN, OIL
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