Gholamreza Soleimani on Tuesday said all Iranian oil tankers, ships
and the air transportation industry enjoy insurance cover from local
In separate comments earlier in the day, he
said Iran’s insurance industry has successfully avoided being affected
by the anti-Iran sanctions.
Although the insurance industry was
one of the first sectors targeted by the US sanctions against Tehran,
the Central Insurance of Iran could successfully bypass the restrictions
and provide sustainable insurance coverage for Iranian companies,
Soleimani had noted.
On May 8, US President Donald Trump pulled
his country out of the nuclear deal known as the Joint Comprehensive
Plan of Action (JCPOA), which was achieved in Vienna in 2015 after years
of negotiations among Iran and the Group 5+1 (Russia, China, the US,
Britain, France and Germany).
On November 4, Washington imposed sanctions on insurers, reinsurers, brokers and shipping firms working with Iran.
Iran managed to keep exporting oil to its customers after the local
companies began handling the insurance issues in the export of crude
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