The Baghdad round of P5+1 talks with Iran, now over, may be seen by some as a failure, after the two sides did not succeed in agreeing on a single detail, save for another, third round of talks, in three weeks in Moscow – it is actually though a feather in the west's chief negotiator's cap, the much maligned Baroness Katherine Ashton.
- By Reuben Espinosa
- 26 May 2012
- 08:24AM
n the meantime, platts is reporting today: "The Japanese government is considering 'realistic' options to ensure the country's imports of Iranian crude are not disrupted, Minister of Economy, Trade and Industry Yukio Edano told reporters at a press conference in Tokyo Friday." The report also said: "The Japanese government is also considering guaranteeing up to $7.6 billion of insurance cover per tanker for shipments of Iranian crude oil to make up for the potential loss of protection and indemnity cover when European Union sanctions against Iran come into effect in July." http://www.platts.com/RSSFeedDetailedNews/RSSFeed/Oil/7649136
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