Japan announced on 9 December 2011 that it is imposing a fresh round of financial sanctions against Iran. Japan will freeze the assets of 106 organizations, one individual and three Iranian banks.
More than 350 Iran-based entities are now subject to Japanese sanctions. However, the move will not restrict imports of Iranian crude oil, a step many Western nations have been urging.
Resource-starved Japan relies on Iranian oil for 10 percent of its energy supply.
More than 350 Iran-based entities are now subject to Japanese sanctions. However, the move will not restrict imports of Iranian crude oil, a step many Western nations have been urging.
Resource-starved Japan relies on Iranian oil for 10 percent of its energy supply.
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