Previously, the United States and Europe attempt to curb Iran's nuclear weapons program, financial, shipping and insurance-related sanctions on Iran, but China, India, Japan and South Korea remains on Iran million barrels of crude oil daily imports. 

The middle of this year, Iran sanctions, Asian refineries decreased the volume of imports of Iranian crude oil, the market economy, analysts said, based on the current development trend is expected in August and September this year, imports will rebound, but before the end of the year, imports will grow steadily, does not appear excessive floating, unless the United States and Europe once again asked the new sanctions. 

According to the current exchange rate, compared with the beginning of the Iran daily export losses amounted to $ 110,000,000. It is reported that, in order to compensate for the disadvantages of this year's mid-term supply disruptions to its raised to 700 million barrels of Iranian crude oil imports in August this year, India also announced to follow the example of Japan, its imports raised to 200 million barrels. 

As Iran's largest oil consumer and trade partners, China has announced to maintain a normal level of imports in August this year, imports remained at 800 million barrels. Worldwide crude oil market is more saturated, but the Iranian crude oil, with the advantage of price discounts and the terms of trade financing facilities occupy a larger market share, while the Iranian crude oil for high-sulfur oil, is an ideal choice for most refineries. 

Earlier this year, period, Japan, Korea and India announced to reduce the volume of imports of Iranian crude oil, each contributed 15% year on year decline in the first half of this year, which the United States granted to these countries import immunity. At the same time, China has announced an 20% reduction in imports, the import immunity. Expected in September this year, South Korea will resume imports of Iranian crude oil, South Korea will follow China and India, asked Iran to use their own oil tankers transport crude oil, so that the responsibility of the transportation insurance transferred to Iran. 

Up to now, only Japanese refiners to rely on the support of local government departments, insurance costs in the import of Iranian crude oil, it is learned that the Japanese government departments to provide about $ 7.6 billion in insurance costs, the Government of India provide only part. 

February this year, Brent crude oil prices rose four-year highs, to close at $ 128 a barrel, mainly based on Iranian crude oil supply instability. Globally, the Iranian crude oil market, the more obvious advantages, but at the same time imports of Iranian crude oil, these Asian countries is still cautious.