Iran is ready to let Japanese-related vessels pass through the Strait of Hormuz, a vital artery for global oil supplies, Kyodo news reports.
Tehran has started talks with Tokyo about possibly opening the strait, citing Iranian Foreign Minister Abbas Araqchi told the Japanese news agency on Friday.
Japan depends on the Middle East for around 95 per cent of its oil supplies and gets around 90 per cent of its oil shipments via the strait, which Tehran has largely closed during the US-Israeli war on Iran.
The three-week-old war and subsequent surge in oil prices prompted Japan and other countries to release oil from their reserves.
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