The Club is advised that EU and US sanctions imposed against Iran as a response to Iran’s alleged nuclear program are expected to be lifted within short.

In anticipation of the complete lifting of those sanctions, EU has extended the present relief concerning shipping of Iranian crude oil and Iranian petroleum- and  petrochemical  products until 28 January 2016.

Council Regulation Iran January 2016.pdf

CPOA EU extension January 2016.pdf

Member Alert is published by The Swedish Club as a service to members. While the information is believed correct, the Club cannot assume responsibility for completeness or accuracy.