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Seizures, sanctions and criminal charges in latest US crackdown on Iranian oil

Department of Justice charges nine individuals with sanctions evasion and terrorism, and unveils it has seized 500,000 barrels of Iranian fuel oil from a tanker, and $108m from an alleged IRGC front in Hong Kong

The US announced a major crackdown on a ‘billion dollar global network’ trafficking Iranian oil, coinciding with US air strikes on Iran-backed militias in the Middle East. Prosecutors also unveiled a civil forfeiture against a cargo of more than 500,000 barrels that was loaded on an unsuspecting Euronav tanker with forged documents

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