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Source: http://www.reuters.com/article/2012/02/21/oil-iran-shipping-idUSL4E8DL16D20120221
India Ships to Lose Insurance Due to Iran Sanctions
(Reuters) Nidhi Verma and Randy Fabi - The state-run Shipping Corp. of India, the largest tanker owner in India, will lose its EU insurance coverage for its oil tankers operating in Iran from July 1, when European insurers will be prohibited from indemnifying ships carrying Iranian oil.