US seizes 600,000 barrels of smuggled Iranian crude oil ...Saudi Arabia

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Author: Fri, 2022-05-27 04:16 JEDDAH: The US has confiscated more than 600,000 barrels of smuggled Iranian crude oil from a tanker off the coast of Greece in a new wave of sanctions enforcement. The cargo of oil was pumped off the tanker into another vessel on Thursday and is now being transferred to the US. The oil tanker, the Pegas, was targeted under two sets of sanctions — against Russia because it is Russian owned, and against Iran because it was carrying Iranian oil. The Pegas was one of five vessels named by Washington on Feb. 22, two days before Russia’s invasion of Ukraine, in sanctions against Promsvyazbank, a bank viewed as critical to Russia’s defense sector. The tanker was r

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Last updated : 27 May 2022 clock 06:20 AM

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US seizes 600,000 barrels of smuggled Iranian crude oil ...Saudi Arabia

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