Turkey, Japan Move to Cut Iran Imports as US Confirms Sanctions

摘要

Turkish refiner Tupras said Friday it had decided to reduce its purchases of Iranian crude by 20%. The move coincides with confirmation from the US that it will proceed with tough new sanctions targeting Iran's crude exports despite current high oil prices. "Regarding re-evaluation of recent developments, we have decided to reduce our purchases of Iranian crude oil by 20% and will replace this volume with our other suppliers," Tupras said in a statement.