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Iran's VLCC owner hopes for easing of sanctions on fleet

Published Tue, Dec 3, 2013 · 10:00 PM
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[LONDON] NITC, the Teheran-based company that is the biggest owner of supertankers, said that it's hopeful that last month's agreement between Iran and world powers will eventually lead to an easing of sanctions on its fleet.

The US and European Union said on Nov 24 that they will ease sanctions against Iran in return for concessions over its nuclear programme. Oil importers won't be all…

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