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Iran offers oil shipment insurance to India to keep tankers sailing

Tehran’s efforts to overcome the returning U.S. sanctions include providing their own insurance coverage. Iran has started offering India oil shipment insurance to cover tankers…

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Oil insurance to resume per new deal with Iran

Sanctions against Iran relaxed Oil shipments to countries throughout Asia have been suffering due to sanctions imposed against Iran by the European Union and the…

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Oil insurance pool for Iranian crude expected for India in December

The Finance Ministry is hoping that the fund will be formalized by next month and is encouraging speed. The Finance Ministry in India is asking…

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Oil insurance fund delays shrink Indian imports of Iran crude

As refiners continue to await the full operation of the program, not as many tankers are leaving Iranian ports for India. The imports of Iranian…

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Insurance news watchers wonder if new Iran President will promote improvements

Many are hopeful about changes from President-elect Hassan Rowhani, but others caution against wishful thinking. Iran has made insurance news headlines for over a year,…

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International insurance company formed by Iran for oil tanker coverage

The country has launched the new coverage as its latest step to overcome Western sanctions. The European Union and the United States had placed sanctions…