Smoke is seen from Panama-registered Sanchi tanker carrying Iranian oil that caught ablaze after it collided with a Chinese freight ship in the East China Sea. China's Ministry of Transport
LONDON (Reuters) - The reluctance of foreign banks to deal with Iran could complicate any compensation payments resulting from the collision last week of an Iranian oil tanker and a Chinese cargo ship, sources say.
The tanker Sanchi, carrying 136,000 tonnes of highly flammable condensate oil, collided with the Chinese dry cargo vessel CF Crystal on Saturday in the East China Sea, causing an oil spill and a blaze that is still raging four days later.
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