Iran offers to insure ships entering its territorial waters

18.07.2012                      28.Tammus. 5772

Iran-Sanktionen:

Iran offers to insure ships entering its territorial waters

EU enacted a ban earlier this month on insurance for tankers carrying Iranian oil, preventing EU insurers from covering tankers carrying Iran's crude anywhere in the world.

Iran said it would insure any foreign ships that enter its waters, in an effort to skirt a European Union ban on insuring ships carrying Iranian crude that has hampered the country's oil exports….