US EditionU.S. seizes nearly a million barrels of oil over Iran oil sanction violations
- The US government has seized nearly 1 million barrels of Iranian crude oil that was allegedly bound for China, marking the first-ever criminal resolution of a company violating sanctions by facilitating the illicit sale and transport of Iranian oil. The oil shipment was related to multiple entities affiliated with Iran's Islamic Revolutionary Guard Corps and the IRGC-Qods Force, which aimed to disguise the origin of the oil and illegally sell it to China.
- The Department of Justice stated that the profits from these illegal oil sales supported the IRGC's activities, including the proliferation of weapons of mass destruction, terrorism support, and human rights abuses.
- Empire Navigation, the company operating the ship carrying the oil, pleaded guilty to conspiring to violate the International Emergency Economic Powers Act. The IRGC was fined almost $2.5 million, and its vessel, Suez Rajan Limited, incurred significant expenses during its voyage to the United States.
15 Articles
15 Articles
The U.S. government seized nearly 1 million barrels of Iranian oil that was destined for China.
US seizes nearly 1 million barrels of Iranian oil allegedly bound for China
By Lauren Koenig, CNN (CNN) — The US government seized nearly 1 million barrels of Iranian crude oil allegedly bound for China, according to newly unsealed court documents and a statement released by the Department of Justice on Friday. “This is the first-ever criminal resolution involving a company that violated sanctions by facilitating the illicit sale and transport of Iranian oil,” according to the DOJ. The Islamic Revolutionary Guard Corps,…
US seizes nearly 1 million barrels of Iranian oil allegedly bound for China
By Lauren Koenig, CNN (CNN) — The US government seized nearly 1 million barrels of Iranian crude oil allegedly bound for China, according to newly unsealed court documents and a statement released by the Department of Justice on Friday. “This is the first-ever criminal resolution involving a company that violated sanctions by facilitating the illicit sale and transport of Iranian oil,” according to the DOJ. The Islamic Revolutionary Guard Corps,…
US seizes nearly 1 million barrels of Iranian oil allegedly bound for China
The US government seized nearly 1 million barrels of Iranian crude oil allegedly bound for China, according to newly unsealed court documents and a statement released by the Department of Justice on Friday.
US confirms seizing cargo containing Iranian oil earlier this year
The US Department of Justice has confirmed the seizure of nearly one million barrels of Iranian oil earlier this year. This move resulted in tensions in the Gulf and is the first-ever criminal resolution involving a company that violated sanctions by facilitating the illicit sale and transport of Iranian oil. The US regards stopping Iranian oil ships as law enforcement, while Iran argues it is equivalent to piracy.
Coverage Details
Bias Distribution
- 39% of the sources are Center, 38% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
