Saudi Arabia’s Comments on Japan’s Intention to Buy Iran oil

The Associated Press reported that according to an Oil Ministry official in Saudi Arabia if Japan or other countries buy Iranian oil that is an “internal matter”.

As quoted in the market news:

The newspaper said that Japanese officials asked Saudi Arabia, the world’s largest oil exporter, to make up for the potential loss of Iranian oil for Japan. The Asian nation is now even more heavily dependent on oil and natural gas imports after last year’s tsunami forced the shutdown of nuclear reactors.

Click here to read the full The Associated Press report.