Iran has initiated negotiations with Japanese energy companies to sell crude oil, leveraging a temporary US sanctions waiver that permits Tehran to resume exports.
The discussions mark a strategic effort by Iran to diversify its customer base beyond traditional buyers in Asia, according to multiple wire reports.
Prospective Japanese buyers are seeking a longer duration for the sanctions waiver and reassurances regarding ship safety before committing to deals.
Sources indicate that while the waiver allows for resumed sales, the current terms create uncertainty for buyers who require stable, long-term supply contracts.
Concerns over maritime security and the potential for rapid policy shifts remain significant hurdles.
The move signals Tehran's intent to broaden its export footprint as it navigates the constraints of international sanctions.