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Three Japanese Firms Consider Iranian Crude Purchase for First Time Since 2019 Amid U.S. Sanctions Waiver

2026-07-06 06:37:45

According to Reuters, three Japanese firms are considering purchasing Iranian crude oil on July 6, marking the first such move since 2019, following a temporary U.S. sanctions waiver. Japanese and Iranian officials are reportedly conducting initial negotiations regarding the possibility of crude oil sales.

Securing insurance for such transactions remains a significant hurdle for the Japanese companies pursuing the purchase.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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