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Saudi-backed Gulf shipping line UASC resumes business with Iran

Commercial considerations are more important than political difficulties, says a source close to the company

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United Arab Shipping Company (UASC) is resuming business with Iran following the lifting of Western sanctions, despite the deep-seated political rivalry between the Islamic Republic and Saudi Arabia, one of the shipping line's main shareholders.

London

UNITED Arab Shipping Company (UASC) is resuming business with Iran following the lifting of Western sanctions, despite the deep-seated political rivalry between the Islamic Republic and Saudi Arabia, one of the shipping line's main shareholders.

A nuclear deal between world

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