Things are moving again in the Iranian oil issue and this time, events are unfolding towards the opposite direction, that of the return of the country's resources to the international market. According to the latest weekly report from London-based shipbroker Gibson, the consequences of such an event for the VLCC tanker market could be "catastrophic".
WORLD SHIPPING
22 October 2013 - 00:00
VLCC tanker market to face"catastrophic" consequences in the event of a return of Iran's oil to the international market
Things are moving again in the Iranian oil issue and this time, events are unfolding towards the opposite direction, that of the return of the country's resources to the international market. According to the latest weekly report from London-based shipbroker Gibson, the consequences of such an event for the VLCC tanker market could be "catastrophic".
WORLD SHIPPING
22 October 2013 - 00:00
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