india news iran crude oil insurance

Oil insurance provided by India to refiners of crude from Iran

The country will be backing up its own coverage in order to allow refineries to open the doors to Iranian import. India has announced that…

Oi insurancel tanker ship coverage

Oil insurance limitations reduced Japan’s Iranian crude imports in April

Compared to a year ago, the shipments have plummeted to a tiny sliver of what they used to be. As oil insurance sanctions from the…

oil insurance news Iran imports stopped from india

Insurance news from India includes possible cessation of Iranian crude imports

The South Asian country may soon cut off its imports of Iran oil as coverage is shaky. India is preparing to stop its imports of…

Major Chinese ship insurance company to cease Iranian oil tanker coverage

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…

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…

European Union holds back on Iranian oil sanctions, considers exemptions for insurers

The European Union has been deliberating on how to handle sanctions imposed against Iran since late last year. Iran has been the target of oil…