Taiwan tries to cut Iranian oil imports at behest of the US
Taiwan is trying to cut its crude oil imports from Iran after the US expressed its wish for Taiwan’s inclusion in a collaborative international sanctions scheme to curb Iran’s nuclear program, sources told the Taipei Times yesterday.
The US and the EU last month approved sanctions on imports of Iranian crude oil and a freeze of assets of the Iranian central bank, agreeing on a July 1 deadline for countries to end their oil contracts with Iran.
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