RSS Feed
February 11th, 2012 
FAKE NEWS for the Zionist agenda “Japan hopes to get a waiver for Japanese financial institutions doing business with the Iranian central bank,” The Washington Post quoted Noda as saying on Friday.
He added that Tokyo is seeking other suppliers to offset a reduction of Iranian oil imports.
Washington is putting pressure on its allies such as Japan to reduce oil imports from Iran. Japan, the world’s third biggest oil consumer, imports about 10 percent of its oil from the Islamic Republic.
This is while Reuters claimed on February 7 that Japan’s top oil refiner JX Nippon Oil Energy Corp is likely to cut crude oil imports from Iran by 10,000 barrels per day (bpd).
On New Year’s Eve, US President Barack Obama signed into law economic sanctions against Iran’s Central Bank in an apparent bid to punish foreign companies and banks that do business with the Iranian financial institution.
The bill requires foreign financial firms to make a choice between doing business with Iran’s Central Bank and oil sector or with the US financial sector.
The legislation has not taken effect yet in a bid to provide oil markets with time to adjust.
TNP/PKH/HGH
Views: 0
Posted in 
Tags: 
