Japanese Refiners Load First Iran Oil Cargo Since U.S. Sanctions

Japanese refiners have loaded Iranian oil onto a tanker, resuming imports after halting purchases because of sanctions by the United States, a spokesman for a Japanese refinery and an Iranian official said on Monday.Japan is the last of the four biggest Iranian oil buyers in Asia to resume imports after receiving a waiver from U.S. sanctions on crude imports that started in November. China and India maintained their imports after November while South Korea halted imports for four months, resuming them over the weekend. Iran is the fourth-largest oil producer among the members of the Organization of the Petroleum Exporting Countries.

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At the same time, on the other part of the world: "Germany bans Iranian airline from its airspace after U.S. pressure" Carrot and stick...

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And how this helps Iranian people? I mean, regime take the money, poor people are staying poor, regime continues with their activities(support of terrorism, anti-democracy....)

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Percentage of oil and gas out of the country's exports.

Iraq 93%
Qatar 85.3%
Kuwait 84.8%
Saudi Arabia 69%
Iran 66.3%
Oman 65%
Bahrain 41%
UAE 36%

(The OEC)

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Most used phrase in last few years is: “Iran regime will collapse as early as this year and no later than next year.” Unfortunately, same phrase, same result: regime is still there...

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Japan have nothing in resources, they import 99% of all fossil fuels. But this could be significant in contect that the sanctions are not working

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According to the OPEC Iran's total oil production last November fell to 2.95 million barrels a day down from 3.33 million barrels the previous month. Recent IMF estimates indicate that Iran needs oil prices to reach $95.4  -- to balance its budget for 2019....

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13 hours ago, 50 shades of black said:

Most used phrase in last few years is: “Iran regime will collapse as early as this year and no later than next year.” Unfortunately, same phrase, same result: regime is still there...

I have never heard that statement. Do you have a reference?

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On 1/21/2019 at 9:26 AM, 50 shades of black said:

Most used phrase in last few years is: “Iran regime will collapse as early as this year and no later than next year.” Unfortunately, same phrase, same result: regime is still there...

Iran has the basic ability to be self-sufficient. Big country, lots of resources, educated population (OK, maybe not the leadership), thousands of years of more or less functioning. The sanctions help keep them poor, but it's not like a Saudi or UAE which collapses with large amounts on oil sales.  

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