Idemitsu, JX, Cosmo Oil Renew Crude Term Contracts With Iran
JX renews term contract to buy 80,000 barrels a day from Iran -- EU sanctions from July 1 to make Iran imports more complicated -- Bank of Tokyo-Mitsubishi freezes transactions with Iran's government (Adds comments from Toyota Tsusho and Cosmo, Showa Shell declines to comment, background) TOKYO ...
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Japan's Idemitsu renews Iran oil deal, cuts volume
Japanese oil refiner Idemitsu Kosan Co has renewed its annual crude oil purchase deal with Iran but cut the volume in line with its peers to comply with U.S. sanctions against the Islamic nation, industry sources said on Friday. The United States and European Union have stepped up measures to ...
Japan's Biggest Bank Freezes Transactions With Iran
TOKYO—Japan's largest bank, Bank of Tokyo-Mitsubishi UFJ, said Thursday it has frozen financial transactions with Iran's government and central bank, as ordered by a U.S. federal court. The freeze, arising from a long-running court case over the 1983 bombing of a U.S. Marine barrack in Lebanon, ...
Japan's Biggest Bank Freezes Transactions With Iran
-Japan's largest bank, Bank of Tokyo-Mitsubishi UFJ, said Thursday it has frozen financial transactions with Iran's government and central bank after the New York District Court ordered it to freeze assets held by Tehran as part of a long-running court case stemming from the 1983 bombing of a U ...
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Bank of Tokyo-Mitsubishi UFJ Has Frozen Iran Transactions
-Japan's Bank of Tokyo-Mitsubishi UFJ said Thursday it has frozen transactions with the Iranian government after the New York District Court ordered it to freeze accounts .../ TOKYO (Dow Jones)--Japan's Bank of Tokyo-Mitsubishi UFJ said Thursday it has frozen transactions with the Iranian ...
Bank of Tokyo-Mitsubishi freezes Iran transactions
Bank of Tokyo-Mitsubishi UFJ, which handles most of Japan's payments for oil imports from Iran, said on Thursday it had frozen transactions with Iranian banks after being ordered to do so by the New York District Court earlier this month. The move stems from a U.S. court decision in 2007 that ...
Japan bank freezes Iran transactions after court order
after a US court ordered a $2.6 billion asset freeze over the 1983 bombing of US barracks in Beirut, a bank spokesman said on Thursday. "It is true that we have received the order from the US court," to freeze $2.6 billion of assets, a spokesman for told AFP, declining to give details on the ...
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REFILE-Japan's JX: no problem with paying Iran for oil now
Japan's top oil refiner, JX Nippon Oil & Energy Corp, is not facing a problem paying Iran for crude imports, the company said on Thursday, after a major Japanese bank froze transactions with Iranian banks on the order of a U.S. court. Japan's Bank of Tokyo-Mitsubishi UFJ said it had frozen ...
Bank of Tokyo-Mitsubishi freezes Iran transactions
Japan's Bank of Tokyo-Mitsubishi UFJ said on Thursday it has frozen transactions with Iranian banks after it was ordered to do so by the New York District Court in early May. The step is a consequence of a U.S. court decision in 2007 which ordered Iran to pay more than $2.6 billion to survivors ...
Iran Crude to Japan Said to Face Blocks After Court Order
Iranian oil shipments to Japan may be blocked after the bank handling payments on the transactions was ordered by a U.S. court to freeze assets belonging to the Persian Gulf nation, according to two refinery officials with knowledge of the matter. The National Iranian Oil Co., the country’s ...
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Japan bank freezes Iran transactions after court order
Mitsubishi UFJ, Ltd. headquarters are pictured in Tokyo, in 2006. The bank has halted transactions by the Iranian government after a US court ordered a $2.6 billion asset freeze over the 1983 bombing of US barracks in Beirut, a bank spokesman said on Thursday./ A Japanese bank has halted ...
