Maersk Tankers ends Iran shipping after renewed US sanctions

Maersk Tankers ends Iran shipping after renewed US sanctionsDanish shipping group Maersk Tankers on Thursday said it would cease its activities in Iran due to the US decision to leave a landmark nuclear deal and reimpose sanctions against Tehran. Maersk Tankers would honour customer agreements entered into before May 8, but then wind them down by November 4, “as required by the reimposed US sanctions,” the company told AFP. The group said it “has been transporting cargoes for customers in and out of Iran on a limited basis,” without providing precise figures for its activities.


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EU leaders struggle to save Iran economic ties from U.S. sanctions

EU leaders struggle to save Iran economic ties from U.S. sanctionsBy Gabriela Baczynska SOFIA (Reuters) – European Union leaders agreed on Wednesday to try to keep the Iran nuclear deal alive and maintain their reviving economic cooperation with Tehran after U.S. President Donald Trump withdrew from the pact. “As long as Iran respects the provisions of the deal, the EU will also respect it,” said Donald Tusk, president of the European Council and chairman of the leaders’ gathering in the Bulgarian capital Sofia.


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