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Oil-tanker recovery trails market with US export ban

Friday, January 10, 2014 - 06:00

[NEW YORK] The recovery propelling shipping markets is poised to leave crude-oil tankers behind, unless the US changes its 39-year-old ban on most unrefined exports. Sea shipments of refined fuels are set to expand the fastest since 2010 and demand to transport dry-bulk commodities such as iron