Sanctions Backfire?: “More Japanese tankers will transport Iranian Crude”

Image by scottchan / freedigitalphotos.net *

The Iran sanctions served to galvanize the anti-USDollar movement. One source involved in the barter system design, at the fringe of the new SWIFT system, reported that the Iran sanctions did them a great favor, by bringing several newer nations to the planning room for integration in the new global trade transaction system.”  Jim Willie (1)

***

Japan takes measure to raise Iran oil shipping capacity

PressTV
Jul 11, 2012

A file photo shows the M Star Japanese supertanker at sea near Fujairah port in the United Arab Emirates.

Japan is taking measures to increase its oil imports from Iran despite Western sanctions that ban insurance coverage on Iranian crude.

European insurers stopped offering cover on Iranian crude when the sanctions imposed by the European Union took effect last week, Reuters reported on Wednesday.

The ban forced Tokyo to decrease oil shipments from Iran despite an increase in the country’s overall demand, but the country is now expanding the maritime coverage of its insurers, which means more Japanese tankers will transport Iranian crude.

Full article HERE: http://www.presstv.ir/

© Copyright 2012 Press TV. All rights reserved.
 

Source:
(1) Gold Cover Clause Guidance, by Jim Willie, http://news.goldseek.com/, 9 May 2012
 – Previous Articles by Jim Willie CB

* Image source: http://www.freedigitalphotos.net/
The publishing of this image does not imply that the author endorse this article.

*** More articles and videos from CanadaNewsLibre HERE !

Disclaimer: The views expressed in these articles are the sole responsibility of the author(s) and do not necessarily reflect those of CanadaNewsLibre. The contents of these articles are of sole responsibility of the author(s). CanadaNewsLibre will not be responsible or liable for any inaccurate or incorrect statements. The CNL grants permission to cross-post original CanadaNewsLibre articles on community internet sites as long as the text & title are not modified. The source and the author’s copyright must be displayed. http://canadanewslibre contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available to our readers under the provisions of “fair use” in an effort to advance a better understanding of political, economic and social issues. The material on this site is distributed without profit to those who have expressed a prior interest in receiving it for research and educational purposes. If you wish to use copyrighted material for purposes other than “fair use” you must request permission from the copyright owner.

ↄ⃝ Copyleft CanadaNewsLibre 2012

About these ads

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s