IRAN

 

Iran Completes First Domestically-Built Oil Tanker

Iran has launched the first of four oil tankers ordered by Venezuela’s state-owned PDVSA as the country continues to feel the pressure from the latest round of sanctions imposed by the EU and US on its oil industry. The Aframax tanker, capable of carrying up to 113,000 tons (750,000 barrels), was built by the Iran Maritime Industrial Company (SADRA). In March this year SADRA had additional...