Lloyd’s Restricts Cover For Petroleum Shipments To Iran

Lloyd’s of London, the insurance market, is restricting cover for any ships carrying petroleum to Iran. President Barack Obama signed new sanctions legislation into law on Thursday night. Lloyd’s said it would move to ensure its members complied with the US rules, the toughest unilateral measures taken against Iran in over a decade.

Topics:  london   president barack obama    the act   mr obama   iran   cover   petroleum   lloyd   time   sanctions   

 

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