Latest insurance news from Japan says it may provide Iranian oil import coverage

iran international insurance news

The Japanese government has announced that it may offer policies for tankers from Iran. The government of Japan has released an insurance news statement in which it announced that it may offer policies for tankers from Iran that bring in oil, and that they will go into effect in July when the European coverage ban takes effect. The EU has been lobbied by Japan for exemption status on the coverage and reinsurance ban. The ban was an element of the Western sanctions geared at decreasing the revenues of oil in…

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