Greek tanker owners are set to suffer most from US sanctions on Iran, according to industry intelligence company VesselsValue, which said Greek shipowners dominated exports with some 14 tankers moving Iranian oil this year. VesselsValue analyst Adil Aliev said the market was anticipating worse to come with the forthcoming end of the 90-day grace period allowed by the sanctions. He said trade had risen after previous sanctions were lifted in 2016. Iranian ton-miles exports reached a peak in May 2018 but had started falling as soon as the US sanctions were first announced. Aliev said China may take more Iranian oil.
Greek tanker owners are set to suffer most from US sanctions on Iran, according to industry intelligence company VesselsValue, which said Greek shipowners dominated exports with 81 tankers moving Iranian oil this year. VesselsValue analyst Adil Aliev said the market was anticipating worse to come with the forthcoming end of the 90-day grace period allowed by the sanctions. He said trade had risen after previous sanctions were lifted in 2016. Iranian ton-miles exports reached a peak in May 2018 but had started falling as soon as the US sanctions were first announced. Aliev said China may take more Iranian oil.