Taiwanese state-owned refiner CPC Corp will not import any Iranian crude in July after the latest round of U.S. sanctions that target Iran's main tanker firm, an industry source familiar with the matter said on Wednesday.
July 18, 2012 5:26
Firms still trading with Iran in line of fire; Western sanctions take toll on Iran business
July 18, 2012 12:30
Bernanke offers gloomy view but few new hints on easing; Iran offers to insure foreign ships to skirt EU ban; U.S. crude stocks likely fell on higher refinery runs
July 18, 2012 12:00
Iran said it would insure any foreign ships that enter its waters, in an effort to skirt a European Union ban on insuring ships carrying Iranian crude that has hampered the country's oil exports.
July 18, 2012 11:46