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International tanker vessels now rushing back to Iran

The international tanker carriers are now once more transporting Iranian oil after a degree uncertainty about insurance of the journeys has been resolved. Major carriers such as Teekay, Frontline and Euronav remain hesitant, reports Reuters.

International tanker vessels are once again sailing to and from Iran after the trade sanctions against the country have been lifted, reports Reuters, which has gained access to local port data.

According to the news agency, 26 foreign tanker vessels with a capacity of 25 million barrels have either loaded or are in the process of loading crude oil in the terminals in Kharg's Island and Bandar Mashahr within the last two weeks.

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