US sells off Iranian crude oil seized off coast of UAE ...Egypt

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US sells off Iranian crude oil seized off coast of UAE

DUBAI, United Arab Emirates (AP) — The US has sold some two million barrels of Iranian crude oil after seizing an oil tanker off the coast of the United Arab Emirates, court documents and government statistics show. The Iranian crude oil showed up in new figures released over the weekend by the US Energy Information Agency, raising the eyebrows of commodities traders as Tehran remains targeted by a series of American sanctions. The EIA figures included just over one million barrels of Iranian “crude oil imports” in March. The oil came from the MT Achilleas, a ship seized in February by the US off the coast of the Emirati port city of Fujairah. US court documents allege the Achilleas was subj

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