US calls Iran's ships 'floating liability'; warns ports, insurers of sanctions if they support Tehran's shipping companies

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US state department officials said Iran's vessels would likely turn to domestic insurers but doubted that they could cover losses stretching into the millions or billions of dollars in a major calamity.

from Latest News India on Firstpost https://ift.tt/2PMWT0n
Agence France-Presse

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