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Oil Seizure as Retaliation: Iran Captures $50 Million Cargo in Sanction Spat

In a dramatic escalation of tensions, Iranian authorities have officially confiscated an American oil cargo worth approximately $50 million from the tanker Advantage Sweet, a vessel seized last year in the Gulf of Oman. The tanker, carrying a cargo initially bound for Chevron, was intercepted by the Iranian navy, marking a further intensification in the… ....

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Seized tanker watch: Suez Rajan appears headed to Gulf Coast with suspected Iranian cargo

Seized tanker watch: Suez Rajan appears headed to Gulf Coast with suspected Iranian cargo
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