BREAKING NEWS

Japan near deal with US on Iran oil, Tokyo FM says

By REUTERS

MARCH 5, 2012 13:53

TOKYO - Japan and the United States are close to an agreement on cuts in Japanese imports of Iranian oil that will allow Tokyo to avoid US sanctions, and may conclude a deal this month, Japanese Foreign Minister Koichiro Gemba told Reuters on Monday.

But Gemba said the two sides might not make public the size of the cuts because of the possible impact on markets.

"We are in the final stage, but are still making final adjustments (to an agreement)," Gemba said in an interview. "Certainly, we will reduce (the imports), but because the concrete figures would influence the market, I am thinking at this point that it would be better not to announce them."

Japan's government has previously said the country would likely be spared from the US sanctions, aimed at pushing Tehran to curb its nuclear ambitions, and has cut its Iranian oil imports by 40 percent over the past five years.

Read full story here.

Individual involved in violence in Jadeidi-Makr fatally shot by police

By ALON HACHMON

04/27/2024 07:27 AM

Two Palestinians were shot dead after trying to break through checkpoint

By JERUSALEM POST STAFF

04/27/2024 04:37 AM

IDF strikes Khan Yunis, Rafah and Nuseirat

By JERUSALEM POST STAFF

04/27/2024 04:30 AM

IDF: Mt Hermon targeted by 30 launches, no known casualties

By JERUSALEM POST STAFF