Financial Times FT.com

Japan curbs Iran oil imports over nuclear concerns

By Carola Hoyos in London and Agencies in Tokyo

Published: March 15 2006 18:49 | Last updated: March 15 2006 18:49

Japan, Iran’s biggest oil customer, on Wednesday became the first country to reduce its imports of Iranian oil because of Tehran’s nuclear dispute with the west.

Nippon Oil, Japan’s largest refiner, will cut its purchases of Iranian crude oil by 15 per cent this year, Fumiaki Watari, Nippon’s chairman, said on Wednesday.

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