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OIL MARKET

Tanker operators first to gain from Iran's re-entry

But maritime players say there will also be pickings for offshore marine sub-sectors in the longer term
Tuesday, January 19, 2016 - 05:50

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Iranian President Hassan Rouhani (centre) being greeted in the Iranian parliament, which sat to present a draft Budget for the next Iranian fiscal year on Sunday.

Singapore

MOST maritime players speaking to The Business Times harbour hopes that the lifting of sanctions against Iran could turn out to be a boon for the sector.

Iran has taken the rap for the fresh slide in oil prices to under US$30 over the weekend, on fears that when the

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