Insurance

Friday, December 21, 2012

Iran finds all new ways to bypass the West sanction


refusal of insurance of oil and its transportations have come into force


Iran shows more and more creative approach, evading from sanctions of the western powers. So, he has managed to sell the increased quantity of black oil for reception of the income equal about thirds of the former export of oil-raw, strongly suffered because of sanctions.



In comparison with first half of year, Iran on the average monthly exported more black oil. It has begun since July, 2012 when the sanctions of the European union providing refusal of insurance of oil and its transportations have come into force that almost has half lowered export of the Iranian crude oil.

Let's remind, EU sanctions provide an interdiction for import, purchase and transportation of the Iranian oil products in attempt to limit incomes of Teheran which can be directed on the disputable nuclear program of a mode ayatollahs, including on atomic weapons manufacture.

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