TEHRAN (Tasnim) Weeks after oil and container trade between India and Iran was disrupted due to uncertainty over insurance cover, Iran's economy ministry has guaranteed to underwrite insurance coverage for trade between the two countries. The Economy and Finance Ministry has agreed to issue such sovereign guarantees regularly and to present them ...

Oct 11 (Reuters) - India has extended a three-month approval to Iranian underwriters Kish P&I and Moallem Insurance Co for insuring ships and oil tankers calling at Indian ports, two shipping sources familiar with the development said. A delay in renewing the approval had disrupted oil and container trade between Indian andIran, with some ships ...

A senior Iranian oil official has dismissed reports of disruption in oil and container trade between the Islamic Republic and India over insurance coverage. Irans oil exports to India are going on without any problem, Safar Ali Keramati, deputy head of National Iranian Oil Company (NIOC) for crude oil marketing, said on Thursday. He added that ...

(Reuters) - India has extended a temporary approval toIranian underwriters Kish P&I Club and Moallem Insurance Co for covering container and tanker vessels calling at Indian ports, in a move that should clear a backlog of non-oil shipments. The three-month extension is unlikely to revive imports of Iranian oil as most Indian buyers have halted ...