Oil drum with Iran national flag swimming in an ocean of black oil. 3D Rendering
BreakingOil & GasTop StoryTrending StoryWorld News

Smuggled Iranian Oil Enroute To China Seized By The US

2.5k

The U.S. authorities seized nearly 1 million barrels of Iranian oil that were being illegally smuggled  to China earlier this year, reports have emerged.

The U.S. seized Greek-owned M/T Suez Rajan with court filings showing allegations from U.S. prosecutors that Iran falsified the vessel’s cargo records and obfuscated its location to avoid accurate tracking. The Greek shipper has already agreed to pay a $2.4 million fine.

Leave a comment

Related Articles

41-Year-Old UNIMED Registrar Murdered in Ondo Six Months After Appointment

The Registrar of the Ondo State-owned University of Medical Sciences (UNIMED), Mr....

Iraq Drone Attacks and EU Sanctions Spark Oil Price Surge Amid Weekly Loss

Oil prices edged higher on Friday, despite heading for a small weekly...

Breaking: Tinubu Renames University of Maiduguri Muhammadu Buhari University

President Bola Tinubu has announced the renaming of the University of Maiduguri...

Tinubu Eulogizes Buhari: A Righteous Leader who Served with Honour

President Bola Tinubu on Thursday convened a special session of the expanded...

Oil Theft Crackdown: Military Dismantles 19 Illegal Refineries, Recovers N291m Crude

The Nigerian military says it has intensified its efforts to combat economic...

Landlord-mastermind of kidnap, murder of two Ondo varsity students in police net

Heartbreaking details have emerged about the tragic deaths of Friday Abah, 25,...

US Senate Approves $9bln Spending Cut Package

The US Senate on Thursday approved a package of spending cuts proposed...

Just in: Another ex-Super Eagles Player Dies

Just two weeks after the passing of legendary Nigerian goalkeeper Peter Rufai,...

Breaking: Ex-VP Atiku Quits PDP

Alhaji Atiku Abubakar, the People’s Democratic Party (PDP) presidential candidate in the...

UK Inflation Rate Rises to 3.6% in June

The United Kingdom’s consumer price index (CPI) has increased to 3.6 percent...

Court orders final forfeiture of N335m, hospital, five filling stations, others to FG

The Federal Government has secured a significant victory as a Federal High...

Money laundering charge: Court frees ex-Ekiti Gov. Fayose

A Federal High Court sitting in Lagos has discharged and acquitted former...

Breaking: Buhari’s Body Interred in Daura Home

The interment of former President Muhammadu Buhari took place at his Daura...

Burial Update: Prayers for Buhari Completed, Heading to Final Resting Place

The funeral prayers for former President Muhammadu Buhari concluded on Monday at...

Nation Mourns: Buhari’s Remains Arrive in Nigeria for Burial Amid National Outpouring

The body of former President Muhammadu Buhari has arrived in Nigeria from...

Just in: Buhari’s Body Flown Out of London to Nigeria for State Burial

The remains of former President Muhammadu Buhari on Tuesday morning departed London,...

Awujale’s Burial: Osinbajo, Abiodun, Sanwo-Olu, Dangote, Osoba, Others Bid Farewell

The Awujale of Ijebuland, Oba Sikiru Kayode Adetona, who passed away on...

Tinubu Declares July 15 Public Holiday in Honour of Buhari

President Bola Tinubu has declared Tuesday, July 15, public holiday to honour...

Just in: Ex-President Buhari’s burial postponed to Tuesday, July 15 in Daura

Former President Muhammadu Buhari will now be buried on Tuesday and not...

Ex-Pres. Buhari for burial in Daura on Monday, July 14

Former President Muhammadu Buhari will be laid to rest in his hometown...