US makes $110mn by selling seized crude, allegedly Iranian, report suggests ...News

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US makes $110mn by selling seized crude, allegedly Iranian, report suggests
The US government has reportedly made around $110 million by selling off 2 million barrels of crude oil which it seized along with a tanker off the coast of the UAE after alleging that the product was Iranian. The cargo from the Liberian-flagged tanker MT Achilleas was unloaded in Houston, Texas and sold at around $55 a barrel, the Associated Press reported, citing court documents. The money went to an escrow fund, similar to proceeds from previous operations. The national statistics, published by the US Energy Information Agency, listed Iran as one of the sources of crude in March, stating an import of 33,000 barrels per day, or about

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