(Wall Street Journal) Benoit Faucon - The U.S. has for the first time confiscated cargo in vessels loaded with Iranian fuel in violation of sanctions, U.S. officials said. The vessels were taken over without the use of military force. The U.S. expects the seizures will deter shipping companies from dealing with the Iranians and Venezuelans as tanker owners, brokers, insurers and other businesses see the risk as too costly, senior officials said. The four vessels were seized at sea in recent days and are now en route to Houston.
2020-08-17 00:00:00Full ArticleBACK Visit the Daily Alert Archive