IRAN 

EU Finalizes Iran Sanctions Regime, Exempts Tanker Insurance To 1 July

EU foreign ministers on 23 March agreed on a detailed legal document that would enforce across the 27 member states of the EU a complete ban on the import of Iranian crude oil and oil products by 1 July, three days after analogous US sanctions are scheduled to come into effect. “The regulation approved today defines the precise scope of the measures agreed in January, including the trade restrictions on...