Tag Archives: Japan became the first of Iran’s oil buyers to make a payment for crude imports following the Geneva deal. One source confirmed the Japanese payment was USD 550 million. Under the deal

Japan makes second oil payment owed to Iran: Reuters

Japan has made a second payment to Iran for oil imports following the partial easing of sanctions on Tehran in line with the Geneva nuclear deal. Japan deposited USD 450 million in funds owed for oil imported from Iran in a Central Bank of Iran (CBI) account, Reuters quoted diplomatic …

Read More »