Iranian oil shipper hopes to make up for lost time as sanctions end

Until 2012, the leaders of the National Iranian Tanker Company relished their work, playing cat and mouse with the Western authorities as they tried to keep a portion of their fleet on the seas despite an array of economic sanctions. “We felt like the last line of defense of the…

US Treasury lifts sanctions imposed on Iran’s Central Bank, oil trade

The US Department of the Treasury released a set of documents, which define the sanctions lifted from Iran, including the restrictions imposed on Central Bank of Iran and National Iranian Oil Company (NIOC). The move was made because of the Joint Comprehensive Plan of Action (JCPOA) implementation which has officially…