Oil seized from Iranian ships is sold in the U.S.

About 1.1 million barrels of refined oil was sold by the United States. The product was seized from four oil tankers iranians who were on their way to Venezuela, captured in August of this year, and was valued at US$ 40 million (about R$ 231.2 million). The announcement was made last Thursday (29) by John Demers, Undersecretary of Justice and Assistant Attorney General for Homeland Security.

"In August 2020, the district court issued a arrest warrant in the jurisdiction of a court and the united states subsequently transferred approximately 1.1 million barrels of oil of the four ships. The United States has already sold and delivered this oil," Demers said at a press conference. The revenue from the sale of the seized oil will be provided to the Fund for Victims of Terrorism after the conclusion of the case, he added.

According to the U.S. Treasury Department, sales of petrochemicals represent a crucial source of revenue for the Iranian government, as it is used to finance illicit activities throughout the East Middle and Venezuela. So the product was confiscated.


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