S. Korea, Japan want US to detail Iran sanctions

February 1, 2012 14:15

TOKYO/SEOUL - South Korea and Japan will meet US officials in Washington to ask how much oil they can import from Iran under new sanctions that leave the Asian countries with few alternative sources of energy, government officials said on Wednesday.

Japan is the world's third biggest oil consumer, and South Korea is the fifth largest.

Both nations import significant amounts of crude from Iran, which they are under pressure to cut back to secure a waiver from a US law imposing sanctions on financial institutions that trade with Iran's central bank.

Japan's Foreign Ministry said a delegation was due to hold talks in Washington on Thursday as part of ongoing consultations and would seek clarity on the law, which is part of a raft of sanctions aimed at reining in Iran's nuclear ambitions.

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