U.S. Justice Department: Over 980,000 Barrels of Smuggled Oil from the IRGC Seized

On Friday, September 8, the United States revealed that it disrupted a multi-million dollar shipment of crude oil by the Islamic Revolutionary Guard Corps (IRGC) in April of this year and seized over 980,000 barrels of smuggled oil, which constitutes a violation of U.S. sanctions. Reuters had reported in April that the U.S. had confiscated the tanker "Suez Rajan," which was transporting Iranian oil at sea. The new statement from the U.S., announced on Friday, September 8, confirms and elaborates on details of this story from various sources. The U.S. Justice Department stated in this announcement that "the illegal sale and transportation of Iranian oil" violates Iran sanctions. This week, an agreement between the parties involved was publicly announced. The ship was finally unloaded last month after about a month and a half to two months of waiting off the Texas coast. The company "Suez Rajan" admitted its guilt in April and was sentenced to three years of business suspension and a fine of approximately $2.5 million according to legal documents. Also see: A Greek company pays $2.4 million in fines for smuggling Iranian oil. Majid Golpour: The Islamic Republic's policy of neutralizing sanctions is dangerous for Iran and BRICS. The Gulf Cooperation Council warns the Islamic Republic about uranium enrichment and the Arash oil field. A Greek company pays $2.4 million in fines for smuggling Iranian oil. Oil prices have reached their highest level in the past 10 months.