iran sanctions

Indian Insurance Coverage “Not Adequate” For Iranian Shipments

MUMBAI–Two of India’s largest shipping companies which carry crude from Iran haven’t yet been able to find suitable insurance cover, a

News

Sanctions Cost Iran $133 Million Per Day Even As China Ramps up Persian Imports

(Bloomberg) — U.S.-led sanctions against Iran are costing OPEC’s third-largest producer $133 million a day in lost sales without raising global

Ports

Russia Plays Iran Sanctions Card in Caspian Port Dispute

(Bloomberg) — Russia is taking legal action to block companies controlled by Iran from acquiring the strategic Astrakhan port on the Caspian Sea in

News

Ties are Cut as India’s Joint Venture With Iranian Shipping Company Gets Strangled

(Bloomberg) — Shipping Corp. of India said a joint-venture with the Islamic Republic of Iran Shipping Lines will end after sanctions against the Iranian

Pentagon: Iran Has Plans to Attack Oil Platforms and Tankers [WSJ REPORT]

By Julian E. Barnes, The Wall Street Journal WASHINGTON — U.S. government officials, citing new intelligence, said Iran has developed plans to disrupt

News

Japan Dodges EU Embargo, Loads Supertanker at Iran’s Kharg Island

(Bloomberg) — Japan will load its first Iranian crude cargo backed by sovereign guarantees since sanctions disrupted coverage in the international

News

Screw the Embargo, Iran is Just Going to Unload Their Oil in India [REPORT]

(Bloomberg) — Two Iranian oil tankers, part of the fleet controlled by Tehran-based NITC Co., are proceeding to India to unload cargoes this month,

Iran Drafts Bill to Block Straits of Hormuz Following Embargo

LONDON–Iran has drafted a bill to block the Strait of Hormuz for oil tankers from states that support oil sanctions, an Iranian lawmaker said Monday. In