Page 13 - Kharg News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The U.S. has quietly seized the cargo of two tankers suspected of transporting Iranian oil as part of an elaborate sanctions-busting scheme involving forged documents and the repainting of a ship’s deck to cloak shipments considered illegal under U.S. sanctions. Details of the seizure of the valuable cargo aboard the two Greek-managed ships were contained in a federal civil case unsealed last month after the vessels discharged the oil in Houston and the Bahamas at the direction of U.S. law enforcement. The seizure comes as the Biden administration seeks to revive a 2015 nuclear deal with Iran that could see the U.S. lift punishing sanctions.

United statesSaint jamesClaire jungmanVladimir putinUnited against nuclear iranCentral bankSaint james shipping ltdAssociated pressIslamic revolutionary guard corpsNew york basedKharg islandOaktree capital managementPanama flagged arinaAthens based saint james shipping ltdSaint james shippingSuez canal