Younes Mazloumi, Managing-Director of Iran’s Razi Insurance Company, said that his company is ready to provide insurance coverage for oil tankers that carry Iranian oil. He added that that Razi is currently working with Iranian Oil Ministry’s companies and is active in the oil and gas sector. “Regarding the provision of insurance coverage for oil tankers in times of sanctions, we have also voiced our readiness to provide part of the share for oil tankers’ insurance… We are ready to join the consortium of (private) domestic companies in this field.”
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