The short life of General License X

LESS than a month after its introduction, the US revoked General License X, the waiver allowing the sale and transport of Iranian oil granted in the wake of the memorandum of understanding signed between the two countries.

Lloyd’s List editor-in-chief Richard Meade and maritime risk analyst Tomer Raanan speak to several sanctions experts to find out if the short-lived waiver benefited anyone, and why it will take more than just a stroke of the pen to undo decades of legislation aimed at crippling the Iranian economy.

Joining the podcast this week are:

• Claire O’Neill McCleskey, co-founder, Clarity Consultancy
• Claire Grunewald, co-founder, Clarity Consultancy
• Leigh Hansson, partner, Reed Smith

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