• 3 minutes Australian power prices go insane
  • 7 minutes Wind droughts
  • 11 minutes  What Russia has reached over three months diplomatic and military pressure on West ?
  • 6 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 6 hours Is Europe heading for winter of discontent with extensive gas shortages?
  • 24 hours Changing Gazprom ADRs to Russian shares
  • 1 day Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 7 hours Hopes Are Dashed For International Oil Companies In North Iraq
  • 3 days "The Global Digital ID Prison" by James Corbett of CorbettReport.com
  • 5 days "How to Calculate Your Individual ESG Score to ensure that your Digital ID 'benefits' and money are accessible"
  • 6 days "How China Could Send LNG Prices Into The Stratosphere" by Irina Slav

U.S. To Detain Iranian Oil Cargo Traveling To United States

The United States is seeking to detain the oil aboard a tanker traveling to the U.S., alleging that Iran’s Islamic Revolutionary Guard Corps (IRGC) has created a scheme to covertly ship Iranian oil to a customer outside Iran, the U.S. Department of Justice said on Tuesday.

The U.S. filed a forfeiture complaint in the U.S. District Court for the District of Columbia alleging that all oil aboard a Liberian-flagged vessel, the Achilleas, is subject to forfeiture under U.S. terrorism forfeiture laws.

The supertanker is carrying 2 million barrels of what the United States believes is Iranian crude oil traveling to the U.S., Bloomberg reported last week, citing sources with knowledge of the matter. The very large crude carrier, is traveling between Fujairah in the United Arab Emirates (UAE) and the U.S., according to MarineTraffic.

Bloomberg’s sources said last week that the owner of the supertanker, Greek company Capital Ship Management Corp, had notified the U.S. that it might have unknowingly loaded Iranian oil on board, believing the crude had come from Iraq.  

In the forfeiture complaint, the U.S. said that “Participants in the scheme attempted to disguise the origin of the oil using ship-to-ship transfers, falsified documents, and other means, and provided a fraudulent bill of lading to deceive the owners of the Achilleas into loading the oil in question.”

“The forfeiture complaint filed today serves as a reminder that the IRGC and IRGC-QF continue to exert significant control over the sale of Iranian oil,” said Assistant Attorney General John C. Demers for the National Security Division.

“This investigation sends a message that the attempted circumvention of U.S. sanctions by the IRGC-QF will not be tolerated,” said Special Agent in Charge Peter C. Fitzhugh for the U.S. Immigration and Customs Enforcement’s Homeland Security Investigations (HSI), New York.

Despite indications from U.S. President Joe Biden that he would offer Tehran a path back to diplomacy and a return to the nuclear deal, lifting the sanctions on Iran is still months away, at best.

“We are a long way from there,” U.S. Secretary of State Antony Blinken told the Senate Foreign Relations Committee last month, while he was still President Biden’s nominee for the role.

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News