Sanctions on Iran trade will ease this year as the International Atomic Energy Agency has confirmed Iran is minding the terms of its deal to curb its nuclear development program. That deal is meant to close off “every single path Iran had to building a bomb,” as...
Iran is readying the ground for resumption of petrochemicals exports as the nuclear deal it’s struck with six world powers, including the US, calls for lifting the sanctions that have throttled the country’s sales abroad and shrunk its economy by 20%. As Platts...
Maersk pays $3 million for trading with Iran and Sudan By Peter Quinter, guest columnist Maersk Line, Ltd. paid the U.S. Office of Foreign Assets Control (OFAC) $3 million to settle allegations of violations of the U.S. trade embargo with Sudan and Iran that Maersk...
