Pakistan, July 3 -- Iran has begun talks with Japanese companies to resume oil exports as US sanctions ease under a temporary waiver. Prospective buyers are seeking a longer sanctions exemption and assurances over shipping security in the Gulf. The discussions could mark a significant step toward restoring Iran's oil trade with Japan.

According to sources, the United States authorised Iranian oil sales in June as part of broader efforts to secure a final peace agreement with Tehran. The arrangement is linked to Iranian commitments on nuclear inspections and freedom of navigation through the Strait of Hormuz. The current waiver issued by the US Treasury Department permits the sale of Iranian crude oil, petrochemicals, and petroleum produc...