(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.
International Enterprise (IE) Singapore, the country's trade agency, increased pressure on oil firms to reduce trade with Tehran following the visit of a senior U.S. diplomat, an official source familiar with the matter said.
"Another round of calls (was made) to re-emphasize the broader implications of doing business with Iran, the companies are receptive," the source said. Full story
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China, Singapore cut back on Iranian crude - UPI.com
