BREAKING NEWS

Japan FM: No uncertainty on Iranian oil policy

By REUTERS

JANUARY 13, 2012 11:29

TOKYO - Japan's finance minister said on Friday there was no confusion over the government's policy of reducing Iranian oil imports in support of US sanctions, although earlier comments from the cabinet's top spokesman suggested Japan was not committed to taking such steps.

Separately, Foreign Minister Koichiro Gemba told his French counterpart, Alain Juppe, that sanctions against Iran should be carried out in a way that would not drive up oil prices, and that channels of dialogue should be kept open.

US Treasury Secretary Timothy Geithner travelled to China and Japan this week, seeking cooperation on stricter sanctions as the US tries to choke off oil revenue to prevent Iran from building nuclear weapons.

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