Japan halts Iran oil imports under US pressure

Customers to see higher gas prices as energy companies fall in line in October

20180626 Iran flag oil production

Sanctions on Iran come into effect on Nov. 4. The deadline for Japanese companies to secure alternative sources falls in early September.

Nikkei staff writers

TOKYO -- Japanese oil companies will stop importing oil from Iran in accordance with the U.S. reinstatement of sanctions on the country.

The Japanese government had attempted unsuccessfully to persuade Washington to exclude its imports of Iranian oil from the scope of the sanctions.

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