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Legal uncertainties delay flow of Iranian oil to Europe

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Legal uncertainties delay flow of Iranian oil to Europe
21 January 2016, Davos, Switzerland — European companies and trading houses are not rushing to buy Iranian oil because of legal uncertainties over the lifting of sanctions that are likely to take weeks to clarify. A lack of dollar clearing, the absence of an established mechanism for non-dollar sales, insufficient clarity on ship insurance and […] More »
Legal uncertainties delay flow of Iranian oil to Europe Legal uncertainties delay flow of Iranian oil to Europe Reviewed by Crude Oil Facilitators on 15:21 Rating: 5

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