Three Japanese Firms Consider Buying Iranian Oil for First Time Since 2019 Amid Sanctions Waiver

According to Reuters, three Japanese companies are considering purchasing Iranian oil for the first time since 2019, with negotiations underway during a 60-day U.S. sanctions waiver period that began on June 22 and expires on August 21. The potential buyers are seeking Washington to extend the waiver and provide guarantees regarding vessel security.
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