JEDDAH: The US has confiscated more than 600,000 barrels of smuggled Iranian crude oil from a tanker off the coast of Greece in a new wave of sanctions enforcement.
The cargo of oil was pumped off the tanker into another vessel on Thursday and is now being transferred to the US.
The oil tanker, the Pegas, was targeted under two sets of sanctions — against Russia because it is Russian owned, and against Iran because it was carrying Iranian oil.
The Pegas was one of five vessels named by Washington on Feb. 22, two days before Russia’s invasion of Ukraine, in sanctions against Promsvyazbank, a bank viewed as critical to Russia’s defense sector. The tanker was renamed Lana on March 1 and has been flying the Iranian flag since May 1.
The vessel, with 19 Russian crew members on board, was initially impounded by Greek authorities last month off the coast of the southern Greek island of Evia.
Read More : https://www.arabnews.com/node/2090761/middle-east
Comments