from Great Game India:
The US seized 1 million barrels of Iranian oil from the ship Suez Rajan in April, which was allegedly being sold to China by the IRGC.
The American administration has acknowledged that it intercepted about a million barrels of Iranian crude oil that were reportedly headed for China.
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The department issued its first criminal resolution concerning the illegal sale and transport of Iranian oil, a transgression of U.S. sanctions, along with the confirmation of the seizure.
The United States seized a cargo of crude oil from the Islamic Revolutionary Guard Corps (IRGC), a group that has been designated as a foreign terrorist organization, in April, according to confirmation from the Justice Department (DOJ) on September 8.
“This is the first-ever criminal resolution involving a company that violated sanctions by facilitating the illicit sale and transport of Iranian oil and comes in concert with a successful seizure of over 980,000 barrels of contraband crude oil,” the announcement reads.
US Seizes Sanctioned Oil
According to court records that have not been sealed, the US seized illegal cargo from the ship Suez Rajan in April that was reportedly being sold to China by the IRGC.
Suez Rajan Ltd., the vessel’s owner, entered a guilty plea to conspiring to break the International Emergency Economic Powers Act (IEEPA) by smuggling Iranian crude oil that had been sanctioned on April 19. The business consented to a plea deal that included a $2.4 million fine and three years of corporate probation.
The Suez Rajan’s operating firm, the Greek shipper Empire Navigation, promised to cooperate and deliver the Iranian oil to the United States at its own expense, which was later accomplished.
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