Iran's petrochemical exports have plunged nearly 90 percent in the last two weeks, according to traders and shipping data.<br /><br />That is because most shipping firms cannot get insurance to transport cargoes due to EU sanctions.<br /><br />The sanctions banning European insurers and reinsurers from covering tankers carrying Iranian petrochemicals came into effect at the start of May.<br /><br />...<br />http://www.euronews.net/
