Japanese refiners halt Iran oil imports as waiver draws near

Japanese refineries have stopped importing Iranian oil after buying 15.3 million barrels between January and March ahead of the expiration of a temporary waiver on U.S. sanctions, according to industry sources and data on Refinitiv Eikon, Reuters reported. The waiver, which allowed Japan to buy crude from Iran for an extra 180 days, expires in early May,

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LNG imports drive down British wholesale gas prices

Britain’s liquefied natural gas (LNG) imports for March are at their highest levels in roughly 29 months, helping British wholesale gas prices slide to a more-than 18-month low. Britain is set to receive 14 cargoes in March, with six tankers scheduled for this week alone, Reuters reported. The country is on track to import 1.18

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