The United States has sold more than a million barrels of Iranian fuel seized under its sanctions program last year, Reuters reported on Thursday, citing the US Department of Justice.
The seizures were part of Washington’s economic sanctions on Tehran over its nuclear program, and the US’ designation of a number of Iranian groups as terrorists. The US government under President Donald Trump used civil forfeiture procedures to seize some 1.2 million barrels of gasoline it said were being sent from Iran to Venezuela aboard four tankers.
According to Department of Justice spokesman Marc Raimondi, the sale of the cargoes had been completed, with the government “still working out the final expenses.” He told Reuters, “The petroleum has been seized, and an interlocutory sale has preserved the cash value of the petroleum, which is now held by the US Marshals Service.”
Raimondi said the department still needs the US District Court in Washington, DC to enter an order of forfeiture “and then the funds will be transferred to the US Victims of State Sponsored Terrorism Fund.”
The sale of the seized fuel comes as another ship with confiscated Iranian crude oil is heading to a US port. Last week, Washington filed a lawsuit to seize another cargo – this time of crude oil it says came from Iran rather than Iraq, contravening US terrorism regulations. Refinitiv ship-tracking data showed on Wednesday that it is scheduled to arrive in the US Gulf port of Galveston on February 15.
The United States has sold more than a million barrels of Iranian fuel seized under its sanctions program last year, Reuters reported on Thursday, citing the US Department of Justice. Read Full Article at RT.com Read More
When McDonald’s shuttered operations in Russia as part of the western corporate war on Vladimir Putin’s country, my family began a boycott of the fast-food chain. It’s been a little painful, but not for the reasons you might think. None of us miss the McBurps (greasy belches) McDonald’s food always causes. We do, however, miss […]
John Wilder from Wilder, Wealthy, and Wise. “The Babylon Project was our last, best hope for peace. It failed. But in the year of the Shadow War, it became something greater: our last, best hope for victory. The year is 2260. The place: Babylon 5.” – Babylon 5 Midnight? Common violence. Organized violence is occurring monthly. […]
The two sides expressed satisfaction with the cooperation aimed at “ensuring global oil market stability” Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman held a phone conversation on Friday, the Kremlin press service has said. The two leaders discussed various issues, ranging from cooperation in the oil market to efforts in resolving […]
