Iran nuclear deal shipping insurance element may help oil sales


DUBAI (Reuters) - Iran's nuclear deal with the West is not intended to let more of its oil into the market, the White House said, but an easing of the ban on European shipping insurance may help smooth crude exports to its big Asian customers.

Iran and six world powers reached a deal early on Sunday to curb Tehran's nuclear programme in exchange for limited sanctions relief.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Crude futures settle lower
U.S. dollar ticks up
Weston leads men's skeleton at Milan-Cortina Games
Urgent: Velzeboer breaks women's 500m short track world record at Milan-Cortina
Hungary opposition leader flags possible illicit video release ahead of election
Trump revokes basis of US climate regulation, ends vehicle emission standards
Bangladesh's BNP wins historic parliamentary election
Bangladesh's BNP wins parliamentary election
Italy's Lollobrigida wins second gold at Milan-Cortina Games in women's 5,000m speed skating (updated)
China's teenage debutant Tai confident of better performance at next Olympics

Others Also Read