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Tag Archives: US sanctions

US sanctions againt Iran to harm Greece’s shipping sector

Although Greece is one of the eight countries currently exempted from the US sanctions against Iran, the shipping sector will soon see the negative effects. Of the 217 oil tankers that ferried Iranian crude oil in the first six months of this year, 81, or 37%, were Greek-owned. Thanks to …

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Greece among 8 countries exempted from US sanctions against Iran

Greece is among the countries to be exempted from the US sanctions against oil imports from Iran. Besides Greece, also China, India, Italy, Turkey, South Korea, Taiwan, Japan get US sanctions waivers for Iran oil imports. The exemption is limited to six months. The Trump administration’s tough new sanctions on …

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One more European airlines suspends flights to Tehran as of Oct 11/2018

Greek airlines Aegean has announced the suspension of flight to and from Tehran effective as of October 11th 2018. The suspension is temporary, the airlines said and added “The company is forced to temporarily discontinue this route due to foreign exchange bank restrictions that affect its viability.” In the statement …

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