Iran’s oil exports have fallen by an estimated 40 percent since the start of the year as Western sanctions tear...
sanctions News
The United States extended exemptions from its tough, new sanctions on Iran’s oil trade to seven more economies on Monday,...
Iranian petrochemical exports have plunged nearly 90 percent in the last two weeks as most maritime firms, including those in...
European ship owners could violate impending EU sanctions against Iran without even knowing it every time they set sail, leaving...
The UK’s Financial Services Authority (FSA) announced that it has fined Mitsui Sumitomo Insurance Company (Europe) Ltd (MSIEu) £3.345 million...
Indian state-run insurers have agreed to give limited cover to local ships for carrying Iranian oil, helping the energy-hungry country...
Maritime risk management firm Lloyd’s Register has shut its operations in Iran and can no longer vouch for the safety...
Key ship insurer, China P&I Club, will halt indemnity coverage for tankers carrying Iranian oil as of July amid tightening...
A widely expected ban on European insurance cover for Iranian oil exports from July 1 is threatening to curtail shipments...
The United States exempted Japan and 10 EU nations from financial sanctions because they have significantly cut purchases of Iranian...