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International relations

Japan set to halt imports of Iranian oil

Hopes dim for Tokyo to gain waiver on US sanctions

JXTG's Negishi Refinery in Kanagawa Prefecture

TOKYO -- Japanese oil distributors are preparing to suspend imports of Iranian crude oil in line with U.S. demands, which come with threats of sanctions against companies that refuse to comply.

Japan's oil imports from Iran are expected to fall to zero as early as October. Saudi Arabia and the United Arab Emirates are among possible alternative suppliers.

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