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Syria-Lebanon-Iran
Iran in talks with Japanese companies to sell oil under US sanctions waiver, sources say
2026-07-05
Possibly the negotiations will last long enough for the contract to be executed before local IRGC commanders bust out with another attack. But odds are the excitement is premature.
[IsraelTimes] Iran has begun talks with Japanese companies under a US sanctions waiver allowing it to resume oil sales, though prospective buyers are seeking a longer waiver and reassurances about ship safety, three Iranian and Western sources say.

The waiver, part of 60-day peace talks between Tehran and Washington, was issued on June 22 and expires August 21.

Japan’s foreign ministry and the US Treasury do not immediately respond to Reuters requests for comment.

Japan, South Korea, India and European countries stopped buying Iranian oil when US sanctions tightened following US President Donald Trump’s withdrawal from Iran’s nuclear pact in 2018.

China has been Iran’s main buyer in recent years.
Related:
Sanctions waiver: 2026-06-17 'We don't owe you anything': Israel is preventing the US from making peace with Iran
Sanctions waiver: 2026-06-15 Iranian conditions
Sanctions waiver: 2026-06-14 US Treasury sanctions networks supporting Iran’s military under ‘Economic Fury’ campaign
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