US extends sanctions waivers for Japan, Europeans

Published September 14, 2012 8:54pm ET



WASHINGTON (AP) — The Obama administration has exempted Japan and 10 European countries from U.S. economic sanctions because they have reduced significantly their purchases of petroleum from Iran.

Secretary of State Hillary Rodham Clinton extended waivers granted earlier this year to Belgium, Britain, the Czech Republic, France, Germany, Greece, Italy, the Netherlands, Poland, Spain and Japan. That means banks there won’t face penalties for another 180 days.

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