Roundabout why to enforce US-Iranian sanctions

“Indian oil firm Hindustan Petroleum Corp. canceled the purchase of Iranian oil cargo after its insurer refused to provide coverage due to U.S. sanctions, Reuters reported citing sources. Under the renewed insurance policy, Hindustan Petroleum's insurer would not provide cover for any accidents involving Iranian oil processed or stored at its refineries, the sources said. The oil firm had planned to load one million barrels of Iranian crude onto its tanker in this month, the sources added” say Business Insurance mag