News

CLIENT ALERT: UNITED STATES IMPOSES NEW SANCTIONS ON IRAN – MINIMAL IMPACT ON SHIPPING

September 23, 2019

Introduction
On September 14th the Aramco facility in Abqaiq, Saudi Arabia was attacked by drones, sustaining significant damage. While Yemen’s Houthi rebels claimed responsibility for the attack, the United States has claimed that Iran was involved, which Iran has denied. In response to the attack President Trump immediately advised that new sanctions would be imposed upon Iran.

To read the full Client Alert, click HERE.