Sunday, July 6, 2025
spot_imgspot_imgspot_imgspot_img
HomeBusinessThe US hit Iran's 'Shadow Fleet' and Oil's smuggling network with restrictions

The US hit Iran’s ‘Shadow Fleet’ and Oil’s smuggling network with restrictions


America targeted Iranian Treasury Secretary Scott Besent announced that Tehran’s “Access to Financial Resources to fuel” and Iraq-Iran oil smuggling network on Friday announced restrictions, “Treasury Secretary Scott Besant announced on Friday.

The Treasury Department said that it is “taking action against the networks that have collectively transported and bought billions of Iranian oil, some of which have benefited Iran’s Islamic Revolutionary Guard Corps-QOODS force (IRGC-QF), a nominated foreign terrorist organization.”

“As President Trump has clarified, Iran’s behavior has abandoned it. While he has every opportunity to choose peace, its leaders have chosen extremism,” Bessent said In a statement.

Among the approved people, Iraqi-Bitish National Salim Ahmed said, which the Treasury said, “A network of companies that are selling Iranian oil, have been declared incorrectly as Iraqi oil since at least 2020”.

Iran Conflict revealed the need for America to reconsider the defense supply chain, says experts

Irani supreme leader Ayatollah Ali Khamenei comments during a function, with the first anniversary of the death of former Irani President Ibrahim Raisi, who was killed in a helicopter crash in a helicopter crash in a helicopter crash in Iran, Iran last year. (Iranian leader Press Office / Handout / Anadolu Getty Image / Getty Image)

“Said that companies use ship-to-ship transfer and other obfusation techniques to hide their activities. Said companies and ships mix Iranian oil with Iraqi oil, which is then sold to Western buyers through Iraq or United Arab Emirates, which is a purely container to avoid restrictions to avoid restrictions. “This oil can be sold on a valid market and helps Iran to avoid international sanctions on its oil exports.”

Treasury officials accused Said that many Iraqi government bodies have been bribed – including its Parliament – to the tune of millions of dollars in kickback in exchange for help in completing the scheme.

He also said that Iran “depends on non-sanctioned ships to transfer ship-to-shows and buyers in Asia receive Iranian oil from approved ships before shipping Iranian-origin cargo.”

US Oil Production Strait of Hormuz Threat molds the economy

A common view of the port of the Kharag island oil terminal near the Iranian coast in the Persian Gulf. Kharg Island oil terminal brings Iranian oil to the world market. (Fatemeh Bahrami/Anadolu Agency/Getty Image/Getty Image)

According to the Treasury Department, “National Iranian Tanker Company (NITC) Singapore-based Trans Arctic Global Marine Services PTE. Ltd. Limited (Trans Arctic Global).” Trans Arctic Global has made NITC NITC to NITC, NITC has a final ship-to-ships for ships waiting in Singapore Eastern Outside Port Boundar The millions of barrels have enabled NITC to transport. ”

Trans Arctic Global, as well as Cameron-Flagged Vizuri, Comoros-Flagged Photos and Panama-Flagged Thimis and Bianka Joycell ships were killed by restrictions.

The tricks come after coming Trump administration Launched air strikes on major nuclear sites across Iran.

According to the Treasury Department, how does Iran smuggle oil through Iraq (Treasury department)

Click here to read more on Fox Business

“The state department is approving six institutions and identifying four ships to deliberately involve a significant transaction for the purchase, acquisition, sales, transportation, or marketing of petroleum, petroleum products or petrochemical products from Iran,” US State Department Also announced.

Fox Business’ Alexandra Coach contributed to this report.



Source link

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -
Google search engine

Most Popular

Recent Comments