Tuesday 10 January 2012

UPDATE 1-Japan asks UAE, S. Arabia for Iran oil backup | Reuters

Japan has asked Saudi Arabia and the United Arab Emirates (UAE) to supply it with more oil if tighter western sanctions reduce its oil imports from Iran, Japanese foreign minister Koichiro Gemba said on Tuesday.

"The UAE has taken into consideration the Japanese request in a positive way," Gemba said through translators in the UAE capital Abu Dhabi.

"Japan will have the priority in any increase that the UAE can provide," he said.

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