Japan weighs first Iranian oil purchases since 2019 ...Iraq

Iran has opened talks with Japanese companies on resumingcrude oil exports under a 60-day US sanctions waiver issued on June 22 as partof ongoing negotiations between Tehran and Washington, sources told Reuters onFriday.

US sanctions had halted Iranian oil exports to Japan, SouthKorea, India, and European countries following President Donald Trump'swithdrawal from the 2015 nuclear agreement in 2018. The waiver forms part ofbroader indirect negotiations between Washington and Tehran, wherenegotiators are working to implement the June 17 Memorandum of Understanding.The discussions cover sanctions relief, the release of frozen Iranian assets,and freedom of navigation through the Strait of Hormuz as both sides seek acomprehensive agreement.

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