Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

Iran unable to ship oil to Europe amid insurance woes

January 27, 2016 Reprints

Iranian shipping firms have said that the nation's exporters are unable to ship oil to Europe as foreign tanker owners are struggling to secure cargo insurance, reported Reuters.

The sanctions on Tehran's shipping, insurance and banking sectors were lifted earlier in January.

But sanctions that were imposed by the United States have not been lifted, and several foreign firms are wary of violating them.

1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
2. Zurich Insurance to stop underwriting new oil and gas projects
3. Bermudan, European reinsurers to suffer major hit from bridge collapse
4. Tycoon gets death sentence for multi-billion-dollar fraud
5. Inflation drives 10% increase in sum insured for windstorms
6. Apple loses bid to throw out $977M lawsuit over app store fees

Help

Iran unable to ship oil to Europe amid insurance woes

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources