Iran’s Tanker Blacklist Raises New Risks for Gulf Oil
Three Indian refining companies and “a global energy major” will stop using tankers included in a black list that Iran issued earlier on Sunday in response to U.S. sanctions, Reuters has reported, citing unnamed sources.
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Key Facts
- Fact 1: The list includes 45 vessels that, according to Tehran, had violated its rules for traversing the Strait of Hormuz.
Three Indian refining companies and “a global energy major” will stop using tankers included in a black list that Iran issued earlier on Sunday in response to U.S. sanctions, Reuters has reported, citing unnamed sources.
The list includes 45 vessels that, according to Tehran, had violated its rules for traversing the Strait of Hormuz. The statement also warned Iran would take action against any of these vessels if they are used to carry cargo via the waterway. According to Reuters, the clampdown will affect so-called shuttles that the UAE and Saudi Arabia are using to get oil out of the Persian Gulf and transfer it to larger tankers for export.
(Original synthesis pending human/AI review — generated by the stub provider by selecting real sentences from the source material, not by writing new analysis or commentary.)
Original source: OilPrice.com
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