Japanese oil giant toes line with others, pulls out of Iran
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Inpex Corp, Japan's top oil explorer, said on Friday it has agreed to pull out from Iran's Azadegan oil field project.
The decision has been expected due to Washington's sanctions on Tehran over its nuclear program, which prompted four other oil giants to halt dealings with Iran recently. The move will have a limited impact on its earnings, Inpex said in a statement. (Reuters)
