Iran Sends First Oil Shipment to Europe Since End of Sanctions

Bloomberg

Iran Sends First Oil Shipment to Europe Since End of Sanctions

chartered ship bound for Romania departed Kharg Island/ Vessels booked by Total, Cepsa to load at Iran oil terminal/ Iranshipped its first cargo of oil to Europe since international sanctions ended, signaling more supplies will add to the global glut of crude. The Suezmax vessel Distya Akula departed Iran’s loading terminal at Kharg Island in the Persian Gulf and was located Saturday in the Gulf of Oman off the east coast of the United Arab Emirates, according to ship tracking data compiled by Bloomberg. Suezmaxes can hold 1 million barrels ...

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Feb 14, 2016

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