Iran Japan

Asia’s crude oil imports from Iran to redouble in February

Unilateral US sanctions on Iran have targeted Iranian oil sales that have caused some dips in the country’s crude purchase. But with countries such as Japan and South Korea restarting importing Iranian crude, the purchase is set to rebound in this month.

Energy

Japan to resume banking ties with Iran: Envoy

Tokyo will be the latest of Iran oil importers that is intending to restart banking relations with cash-stripped Iran. China, India and South Korea have already put in place special payment channels.

Energy

Japan to continue Iran oil purchase: envoy

Japan has been one of the eight countries that have been exempted from the US sanctions to be able to buy energy from Iran. Tokyo says it’s willing to import Iranian crude but needs an extension of its waiver.

Energy

Japanese Fuji Oil loads first cargo of Iranian oil since US sanctions

Japanese refiner Fuji Oil Co has lifted Iranian crude oil in the first cargo to head for Japan since the country received a waiver from U.S. sanctions on Tehran.

Energy

Japan reviewing US anti-Iran sanctions

Japans Chief Cabinet Secretary Yoshihide Suga said Tokyo is analyzing Washington’s sanctions against Iran.

Macro Economy

Iran, Japan sign petchem funding deal

Iran says an agreement has been signed with Japan’s Itochu to fund one of its key petrochemical projects – the second such agreement signed with Japanese companies over the past few months.

Macro Economy

Iran, Japan banks cooperating by using yen

Iran says Japan’s banks have started to cooperate with their Iranian partners by using the yen – a move that could open a new chapter in economic relations between the two countries in a post-sanctions era.

Financial Markets

​Iran, Japan to devise economic roadmap

Iran says it is ready to work with Iran on devising a 10-year roadmap to expand economic relations between the two countries.

Macro Economy

Iran open to Japanese investment

Irans Deputy Foreign Minister Abbas Araghchi and his Japanese counterpart Kentaro Sonoura agreed Saturday in Tehran to foster Japanese investment in Iran following the lifting of international sanctions in January.

Macro Economy