Singapore cuts Iran fuel oil imports as sanctions kick in (JMD quoted)
28-Jun-2012 19:07
By Luke Pachymuthu and Lee Yen Nee
SINGAPORE, June 28 (Reuters) - Singapore's fuel oil imports from Iran fell nearly 60 percent from their 2012 peak in June, as the city state applies pressure to oil firms to reduce trade with the Islamic Republic to win an exemption from U.S. sanctions.
The U.S. has granted waivers to major importers of …