Feb 16 โ€ข 14:49 UTC ๐Ÿ‡ถ๐Ÿ‡ฆ Qatar Al Jazeera

Iran denies connection to oil tankers seized by India

Iran's national oil company denies any link to three oil tankers seized by India during February, amidst allegations they were under U.S. sanctions related to Iran.

On Monday, the National Iranian Oil Company officially rejected any connection to three oil tankers that were seized by India in February. This denial follows reports indicating that the Indian government detained these vessels due to their ties to Iranian oil under U.S. sanctions. The situation unfolded after a source disclosed to Reuters that India was tightening its maritime surveillance to curb illegal trade in its waters, pointing to the global scrutiny surrounding Iranian oil shipments.

According to Iranian news agency Fars, the National Iranian Oil Company clarified that neither the shipments nor the tankers referenced by Indian authorities have any association with them. It emphasized that there has been no disruption in the fleet overseeing Iranian oil exports this month. This statement comes in light of Indiaโ€™s rigorous actions to ensure no illicit oil trading occurs within its exclusive economic zone, particularly targeting the practice of ship-to-ship transfers commonly associated with masked origins of sanctioned oil.

These recent developments underscore the ongoing tensions between Iran and the West over oil sanctions, with India taking a firm stance on maritime regulations. Given the complexities of international trade and sanctions, India's actions might signify a shift in its approach to Iranian oil imports, highlighting the influence of U.S. sanctions on global oil dynamics and the necessity for countries to navigate these intricate geopolitical waters carefully.

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