Europe’s sanction move on Iran is a serious threat to tanker markets

The United Kingdom, France, and Germany have initiated a 30-day process to re-implement United Nations sanctions against Iran. This action, includes restrictions on oil exports, financial transactions, and maritime transport. These sanctions were originally suspended under the 2015 nuclear deal, and their re-implementation is a response to Iran’s increased uranium enrichment activities. This move is … Continue reading Europe’s sanction move on Iran is a serious threat to tanker markets