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April 5, 2012       Share:    

Source: http://af.reuters.com/article/worldNews/idAFBRE83405G20120405

Key China Insurer to Stop Coverage of Tankers Carrying Iran Oil

(Reuters) Randy Fabi - Key ship insurer China P&I Club will halt coverage for tankers carrying Iranian oil from July, officials told Reuters on Thursday. China P&I Club is the first Chinese maritime insurer to confirm it will halt business with tankers operating in Iran, following similar action in Japan.

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