The European Union is set to put 40 Iranian shipping firms back on a list of sanctioned groups in a blow to the Islamic Republic’s transport sector which has sought an easing of trade restrictions, letters sent from the EU showed.
The move, which comes at a critical time in international talks on Iran’s nuclear program, is part of the EU’s response to a series of court victories by Iranian firms that have overturned EU sanctions against them. In February, the bloc reimposed sanctions on NITC, Iran’s biggest oil tanker firm.
Source: Al Bawaba
