Indonesia Seizes Iranian Oil Tanker ...Middle East

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Indonesia Seizes Iranian Oil Tanker
Indonesia has seized an Iranian-flagged tanker on suspicion that it was planning an illegal oil transfer, Reuters has reported, citing a statement by the country’s coast guard. Per the statement, the vessel, named MT Arman 114, was carrying over 270,000 barrels of light crude and was going to transfer it to another ship without a permit. Ship-to-ship transfers have become common as a way for Iran to move its crude to international markets avoiding U.S. sanction repercussions. The Indonesian coast guard caught the vessel in the act, the statement…

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