Feb 27 β€’ 15:16 UTC πŸ‡¬πŸ‡· Greece Naftemporiki

The US requests the seizure of tankers and 1.8 million barrels of crude oil from Venezuela

The US is seeking the seizure of the Motor Tanker Skipper and approximately 1.8 million barrels of crude oil linked to Venezuela's state company PDVSA due to alleged illegal activities.

The United States is requesting the seizure of the Motor Tanker Skipper, a vessel detained since December, along with around 1.8 million barrels of crude oil acquired by Venezuela's state-owned company PDVSA. This request was made by the Department of Justice, which has filed a complaint in the U.S. District Court for the District of Columbia. The complaint alleges a scheme dating back to 2021 that facilitated the shipment and sale of oil products for the benefit of Iran's Islamic Revolutionary Guard Corps (IRGC).

During this timeframe, the Skipper transported crude oil from both Iran and Venezuela, delivering it to various locations around the world through ship-to-ship transfer methods. The U.S. Department of Justice noted that the Skipper concealed its illegal activities by falsifying its locations and raising false flags to disguise its true identity and purpose. This situation reflects ongoing tensions and geopolitical dynamics surrounding U.S. sanctions against Venezuela and Iran, particularly in relation to oil exports and the involvement of rogue regimes.

The implications of this case are significant, as it underscores the U.S. government's continued efforts to enforce sanctions and curb the flow of oil that potentially benefits adversarial regimes. If successful, the seizure could hamper the operations of both PDVSA and the IRGC, impacting their revenue and further isolating them on the international stage. The outcome of this legal battle will be closely monitored, given its relevance to global oil markets and international relations.

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