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Channel: iran sanctions Archives – gCaptain
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Iran Says New Sanctions Would Not Stifle its Oil Industry

By Parisa Hafezi ANKARA, May 7 (Reuters) – The Iranian oil industry will continue to develop even if the United States pulls out of the 2015 nuclear deal, and Tehran would see the accord as operational...

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Iran Oil Flow May Be Hit by Foreign Tanker Exodus

By Julian Lee (Bloomberg) — The snap-back of U.S. sanctions on Iran’s oil exports may well see international shipping companies, which have carried more than half of Iran’s oil exports over the past...

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Shipping Sanctions Beckon Once More After Trump Withdraws U.S. from Iran...

By Gavin van Marle (The Loadstar) – Shipping lines serving Iran have a six-month window to leave or cease their operations in the country, following Donald Trump’s announcement yesterday that the US is...

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Oil Traders Prepare to Cut Iranian Crude

By Angelina Rascouet, Alex Longley and Rupert Rowling (Bloomberg) — European oil refiners and trading houses began preparing to cut purchases of Iranian crude after Washington imposed harsher sanctions...

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US Withdrawal from Iran Deal Could Have ‘Significant’ Impact on Transport and...

By Gavin van Marle (The Loadstar) – The response of the remaining countries to the US decision to withdraw from the Iran nuclear deal will likely determine whether non-US maritime and freight...

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Top Container Shipping Lines Reviewing Iran Operations

By Jonathan Saul LONDON, May 11 (Reuters) – The world’s top two container shipping groups Maersk Line and MSC are reviewing their Iran operations after the United States withdrawal from the...

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U.S. LNG Exports Set to Gain as Iran Deal Dies

By Ryan Collins and Naureen S. Malik (Bloomberg) — Another darling of the Trump administration is poised to gain from the Iran deal breakup as oil surges: Natural gas exports. With the move to curb...

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Maersk Tankers to Wind Down Customer Agreements in Iran

COPENHAGEN, May 16 (Reuters) – Danish oil product tanker operator Maersk Tankers said on Wednesday it would wind down its customer agreements in Iran by November following new U.S. sanctions on Tehran....

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World’s No. 2 Shipping Line MSC Stops New Bookings for Iran

LONDON, May 16 (Reuters) – The world’s No. 2 container shipping line MSC said on Wednesday it would stop taking new bookings for Iran due to the decision by the United States to re-impose sanctions on...

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American Oil Boom Seen Tempting Ships to Steer Clear of Iran

By Serene Cheong (Bloomberg) — The latest standoff between the U.S. and Iran may be leaving oil-tanker owners in more of a bind than in previous years. As the U.S. reimposes sanctions on the Islamic...

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CMA CGM Ends Iran Ops Due to U.S. Sanctions Threat

By Leigh Thomas and Bozorgmehr Sharafedin AIX-EN-PROVENCE, France/LONDON, July 7 (Reuters) – One of the world’s biggest cargo shippers announced on Saturday it was pulling out of Iran for fear of...

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How Could Iran Disrupt Oil Flows in the Persian Gulf and Strait of Hormuz?

ANKARA/LONDON, July 11 (Reuters) – The commander of Iran’s Revolutionary Guards said last week that Tehran would block all exports through the Strait of Hormuz in the Gulf if countries heed U.S. calls...

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Trump’s War of Words With Iran Shines Spotlight on Vital Oil Route

By Anthony DiPaola (Bloomberg) — The war of words between U.S. President Donald Trump and his counterpart in Iran over oil exports and sanctions is shining a spotlight on the narrow, twisting conduit...

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Trump, Iran and the New Guns of August -James Stavridis

By James Stavridis (Bloomberg Opinion) — In the hot summer of 1987, I was a young Navy officer sailing into the Arabian Gulf via the Strait of Hormuz onboard the Valley Forge, a brand new and heavily...

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Iran Test-Fired Anti-Ship in Strait of Hormuz Last Week -U.S. Official

WASHINGTON, Aug 10 (Reuters) – Iran test-fired a short-range anti-ship missile in the Strait of Hormuz during naval drills last week that Washington believes were aimed at sending a message as the...

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China Shipowners Stop Hauling Iranian Oil as U.S. Sanctions Near

By Bloomberg News (Bloomberg) — China’s shipowners are shunning Iran’s oil, while the OPEC producer is using its own tankers to supply top customers as impending U.S. sanctions threaten to disrupt...

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Iran’s Tanker Fleet Gives it Oil-Export Lifeline as Sanctions Loom

By Serene Cheong (Bloomberg) — Iran’s own fleet of tankers may provide a lifeline for its crude and condensate exports that’ll be slashed as U.S. sanctions against the Persian Gulf nation take hold. As...

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Iran Returns to Floating Storage for Its Oil as Buyers Retreat

By Anthony DiPaola, Julian Lee and Alex Longley (Bloomberg) — Iran is starting to store oil on its fleet of supertankers again as impending U.S. sanctions force the Persian Gulf country to revive a...

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In Big Win for Trump, U.S. Sanctions Cripple Iranian Oil Exports

By Javier Blas (Bloomberg) — Aggressive and undiplomatic, certainly, but also extremely effective. With nearly 50 days to go before new U.S. oil sanctions against Iran enter into force, President...

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China’s Sinopec Halves Iran Oil Loadings Under U.S. Pressure -Sources

By Chen Aizhu and Florence Tan BEIJING/SINGAPORE, Sept 28 (Reuters) – China’s Sinopec Corp is halving loadings of crude oil from Iran this month, as the state refiner comes under intense pressure from...

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