How Iran fuel Oil Exports Beat U.S. Sanctions in Tanker Odyssey to Asia

By Roslan Khasawneh, Ahmed Rasheed and Ahmed Elumami SINGAPORE/BAGHDAD/TRIPOLI, March 20 (Reuters) - At least two tankers have ferried Iranian fuel oil to Asia in recent months despite U.S. sanctions against such shipments, according to a Reuters analysis of ship-tracking data and port information, as well as interviews with brokers and traders. The shipments were loaded … [Read more...]

Iran’s Oil Tanker Fleet Being Squeezed as Sanctions Bite

By Jonathan Saul and Parisa Hafezi LONDON/DUBAI, March 13 (Reuters) - Iran is running short of options to replace its aging fleet of tankers and keep oil exports flowing because renewed U.S. sanctions are making potential sellers and flag registries wary of doing business with Tehran, Western and Iranian sources said. Since U.S. President Donald Trump reimposed … [Read more...]

Iran’s Military is Ready to Protect Oil Tankers Against Threats, Deputy Commander

DUBAI, Nov 12 (Reuters) - Iran's armed forces will protect Iranian oil tankers against any threats, an Iranian military official said on Monday after the United States called the ships a "floating liability" and warned ports operators not to allow them to dock. The United States resumed sanctions on Iran's oil, shipping and banking industries last Monday after U.S. President … [Read more...]

Iran Oil Waivers: How Buyers Are Lining Up After U.S. Exemptions

By Heesu Lee and Debjit Chakraborty (Bloomberg) -- Armed with waivers to keep importing Iranian oil without running afoul of U.S. sanctions, some of the Islamic Republic’s top customers are preparing to buy. The exemptions mean at least some supplies from OPEC’s third-biggest producer will keep flowing into international markets, after Iran’s exports plunged by … [Read more...]

Sunken Sanchi Tanker Among Ships Hit by Iran Sanctions

By Nick Wadhams and Javier Blas (Bloomberg) -- Among the hundreds of Iranian-linked banks, companies and vessels that the U.S. slapped sanctions against on Monday was an Iranian crude oil tanker called the Sanchi. There’s one problem: The ship sank after a collision and fiery explosion in January. The U.S. Treasury Department’s sanctions list distributed Monday leaves no … [Read more...]