IRAN

Iran May Extend Counter Trade Deals

Iran apparently intends to attempt to extend the counter trade conditions in its oil deals with Japanese customers to other countries as well. Reports from Tehran quote Foreign Minister Ali-Akbar Velayati as saying on 10 February that "we are determined that those countries which will not buy from Iran will not sell to it either," and state that the Oil Ministry has set up a committee to work out a plan limiting imports from various...