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Media: Japan halts imports of oil from Iran

Oil supplies from Iran should be completely stopped by October

© AP Photo/Eugene Hoshiko

TOKYO, July 19. /TASS/. Japanese oil companies are preparing for a complete cessation of oil imports from Iran, Japan's leading business newspaper Nikkei reported on Thursday.

According to the newspaper, oil supplies from Iran should be completely stopped by October. Alternative suppliers include Saudi Arabia and the United Arab Emirates. Japanese suppliers of Iranian oil - JXTG Holdings and Idemitsu Kosan - received a warning from the US about the need to completely stop imports by November 4, 2018, when Washington plans to resume sanctions against Tehran. If the purchases of Iranian oil continue, the US threatens to impose penalties on these companies.

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