Japan’s oil refiners are expected to stop importing crude oil from April because of U.S. sanctions on Iranian crude oil, Kyodo News Agency reported on March 22. But he looked forward to the negotiations between the Japanese and American governments, hoping to continue importing Iranian crude oil.
| Azodicarbonamide (AC foaming Agent) |
In November 2018, the United States launched an embargo on Iranian crude oil production, but excluded some countries, such as Japan, from the application, and granted a limited exemption in early May this year. Yuega said it was “not sure whether the exemption would last” and pointed out that it would be difficult to transport from April if the time required for transportation and completion of the transaction were taken into account.
Reported that Japan’s refiners are prepared to replace procurement from other oil producing countries, is not expected to affect the stability of supply. For the crude oil market that affects the price of gasoline, Japanese media analysis is not likely to cause a sharp rise in the price of crude oil due to the supply capacity of other major oil-producing countries.
Yuegang said: “Whether the exemption can continue depends on the idea of President Trump, Sino-US trade frictions and the situation of oil-producing countries will have a complex impact on their judgment. We can only pay attention to it.
In July 2015, Iran reached a comprehensive agreement on the Iranian nuclear issue with the six countries on the Iranian nuclear issue (the United States, Britain, France, Russia, China and Germany). According to the agreement, Iran promises to limit its nuclear program and the international community will lift sanctions against Iran.
| EDTA |
In May 2018, President Trump announced that the United States would withdraw from the Iranian nuclear agreement. In August, the United States restarted a series of non-energy sanctions on Iran’s finance, metals, minerals and automobiles, and said it would restart the remaining sanctions in November. Iran strongly condemns the U.S. sanctions decision.
On November 5 last year, the United States formally imposed what the Trump administration called the “toughest sanctions ever imposed” on Iran. But U.S. Secretary of State Pompeo said on the same day that eight countries or regions in China, India, Greece, Japan, Turkey, Taiwan, Italy and South Korea were granted temporary exemptions for Iranian crude oil imports.
| Melamine |