U.S. Sanctions Relief Could Restore Iranian Oil Exports
…When Iranian oil goes mainstream again, the return of legitimate tonnage will likely doom the small "rogue" fleet of sanctions-busting tankers, Poten said. Activist group United Against Nuclear Iran estimates that there are 169 vessels in this category, primarily smaller ships. "The lifting of sanctions would legitimize the Iranian exports and significantly reduce the employment opportunities for these vessels, most of which will likely disappear from the market," predicted Poten.
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