Commercial insurance market for oil tankers tightens A major insurer of Chinese ships has announced that, starting in July, it will be stopping its indemnity…
Tag: EU iran crude embargo
Price of Iranian oil expected to spike from ship insurance ban in European Union
According to sources in the insurance industry, a ban is widely forecasted to begin on European insurance coverage for exports of oil from Iran beginning…
EU permits some Iran oil insurance until July 1
The European Union has announced that it will allow some insurance for Iranian oil shipments to be exempt from Europe’s trade embargo on crude, when…
