Since the US opted in May to pull out of the Iran nuclear accords, officials have taken a hardline stance regarding Iranian oil exports. Typical soundbites have been that the government wants to bring Iranian exports down to zero, although there has never yet been clarity on whether waivers would be granted. Key buyer South Korea opted to halt imports entirely and stopped liftings after June (MEES, 3 August). Meanwhile Japan said it would halt imports in October (MEES, 7 September).

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