EU Iran sanctions News

Europe to Relax Reinsurance Ban on Iranian Oil Exports Next Week

Europe is days from suspending a ban on reinsuring tankers hauling Iranian oil, a measure that helped cut the nation’s crude exports by more than 50 percent when it was implemented. The six-month relaxation starts Jan. 20 and will allow …

EU Sanctions Relief for Iran Includes Lifting Insurance Ban

European Union governments will implement all EU sanctions relief for Iran covered by a landmark nuclear deal on Jan. 20, the day the agreement takes effect – including lifting a ban on insuring its oil, officials said on Monday. Under …