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Stock impact report

Nordic American Tankers Limited (NYSE: NAT) – Potential US sanctions involving tankers trading on Iran & Venezuela

Nordic American Tankers Limited (NAT) 
Last nordic american tankers limited earnings: 2/18 06:51 am Check Earnings Report
US:NYSE Investor Relations: nat.bm/investor-relations
Company Research Source: GlobeNewswire
  July 2, 2020 Dear Shareholders and Investors,We receive questions about potential US sanctions involving tankers trading on Iran & Venezuela. What would this mean for NAT? Earlier this week there was an article in the international press, to the effect that the US Treasury is considering to expand its list of tankers under sanctions from 80 to 130 vessels. If implemented, such a level of tonnage restrictions has the potential of tightening the balance between supply and demand of tankers. As we mentioned in our press release of June 18, NAT is always complying with sanctions imposed by the US in all parts of the world. Best regards, Herbjørn HanssonFounder, Chairman & CEO Nordic American Tankers Ltd.                                                           www.nat.bm    CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS Matte Show less Read more
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