CHINA SHIFTS TO IRANIAN TANKERS TO KEEP OIL FLOWING AMID US SANCTIONS

The Tehran Times on 20 August reported that Chinese buyers of Iranian oil are starting to shift their cargoes to vessels owned by National Iranian Tanker Company (NITC) for nearly all of their imports to keep supply flowing amid the re-imposition of economic sanctions by the US.

http://www.tehrantimes.com/news/426743/China-shifts-to-Iranian-tankers-to-keep-oil-flowing-amid-U-S

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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