Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Europe is poised to receive the most Iranian crude in about five years this month in a sign that the Gulf nation may be regaining its share of a market it had lost to sanctions. Arrivals on supertankers will reach 622,581 barrels a day in January, the biggest flows for a single month since at least November 2011, according to ship-tracking and European Union data compiled by Bloomberg. Two Iranian supertankers – Huge and Snow – are en route, bringing about 4 million barrels between them. Huge and Snow, the two Iranian supertankers, will deliver their cargoes early next month to the Rotterdam oil-trading hub, the vessel data compiled by Bloomberg show. They are the first Iran-owned ships to arrive in Europe since sanctions were eased.
FOLLOW THIS ARTICLE