Tag Archives: Iran

Japan and South Korea are heavily dependent on foreign oil. specially from Iran.

Condensate accounts for a majority of the crude oil from Iran.

South Korea is a major buyer of Iranian condensate.

The United States wants all countries to eventually cut their oil imports from Iran to zero.

Oilfields owned jointly by Iran and Iraq are located near the Hawizeh Wetlands.

The U.S. administration is preparing to announce an end to sanction waivers for countries importing oil from Iran.

Recent heavy rains and a deluge of floods got Iranians by surprise but they highlighted the importance of dams which had become the target of scathing criticism in the face of a lingering drought backlash.

Japan says it relies on crude imports from Iran and seeks to hold talks with the United States about the matter to keep its energy supply steady. amid ongoing attempts by Washington to curtail Iran’s oil sales.

China has slammed US plans to tell it and other countries to stop buying Iranian oil or face sanctions. saying Beijing'.s cooperation with Tehran is in accordance with law.

Analysts criticized the end to the exemptions. which would hit Asian buyers the hardest.