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US eyes sanctions against global network believed to be shipping Iranian oil

WASHINGTON — The United States is considering sanctions targeting a network of UAE-based businessmen and companies suspected of supporting Iran’s oil exports.Nuclear program.

The companies and individuals under scrutiny have used ship-to-ship transport of oil in the waters between Iraq and Iran and then falsified documents to conceal the origin of the cargo, Wall said. A person familiar with the shipping data and circumstances, according to company documents seen by The Street Journal. Disguising the blended oil as Iraqi allows the parties involved to circumvent Western sanctions targeting Iranian oil.

US eyes sanctions against global network believed to be shipping Iranian oil

Source link US eyes sanctions against global network believed to be shipping Iranian oil

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