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Sanctions and buyers of Iran's oil market

Sanctions and buyers of Iran's oil market

In three months’ time, U.S. sanctions on Iran are due to enter into force that could drive the Persian Gulf  nation’s exports down toward zero and upend the global oil market. There are already signs that it will be harder for the country to export, as some international insurers stop covering shipments.

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Iran asks for EU support as shipping giant leaves

Iran asks for EU support as shipping giant leaves

DW writes that the French shipping giant CMA CGM has pulled out of doing business with Iran for fear of antagonizing the US. Iranian President Hassan Rouhani has called on European countries do more to offset renewed US sanctions.

 

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Petrochemical exports not affected by US withdrawal

Petrochemical exports not affected by US withdrawal

The Petrochemical Commercial Company of Iran Managing Director has announced: “The structures set up for the petrochemical Industry during the sanctions have been preserved. Therefore, the US withdrawal from the JCPOA and a probable return to reimposing certain sanctions will not create problems in this sector.”  

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Iran-Oman visa free travel soon + News refuted

Iran-Oman visa free travel soon + News refuted

the Omani Ambassador to Tehran announced: “Visa requirements between the two countries of Oman and Iran will be abolished soon.” Saud bin Ahmed al-Barwani added: “During my travels to different provinces in Iran, the most frequently asked question by businessmen was about visas. Thus, the decision was made to abolish visa requirements between the two countries. The details are presently being taken care of.”  

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