IRAN EXTENDS SHIPPING, INSURANCE COVER TO KEEP OIL FLOWING TO INDIA

The Economic Times in India on 26th July reported that Iran has begun providing shipping insurance cover as well as its own vessels to continue exporting crude oil to India, as re-imposed US sanctions loom.  India is the second-largest importer of Iranian oil after China.
https://economictimes.indiatimes.com/industry/energy/oil-gas/iran-extends-shipping-insurance-cover-to-keep-oil-flowing-to-india/articleshow/65151294.cms?src=ilaw

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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