A UK court has delivered a speeded-up ruling backing a miner in a legal row with insurer Aegis and others over stolen steel cargoes due to the pending re-imposition of US sanctions against Iran.

UK high court judge Nigel Teare said he had "expedited" a case involving claimant Mamancochet Mining dating from 2012 because an insurance payout after 4 November would be prohibited by the US restrictions.