Categories: National

US issues warrant to seize Iranian Grace 1 supertanker

The US justice department has issued a warrant to seize a detained Iranian oil tanker, a day after a judge in Gibraltar ordered it to be released.
The Grace 1 supertanker, which is carrying 2.1m barrels of oil, was detained on 4 July on suspicion of illegally transporting oil to Syria.
A last-minute legal attempt by the US to keep the tanker detained was rejected by Gibraltar. Iran previously called the detention of Grace 1 an “illegal interception”.
Two weeks after Grace 1 was detained, on 19 July, Iran seized the British flagged tanker Stena Impero in the Strait of Hormuz. Although Iran claimed the ship had violated “international maritime rules”, the seizure of Stena Impero was widely believed to be an act of retaliation.
The warrant, issued by a US federal court in Washington on Friday, is addressed to “the United States Marshal’s Service and/or any other duly authorized law enforcement officer”.
It called for the tanker and the oil on board to be seized. It has also ordered the seizure of $995,000 (£818,000) from an account at an unnamed US bank linked to Paradise Global Trading LLC, an Iranian company.
The justice department said the ship and the firm had been involved in violations of the International Emergency Economic Powers Act, bank fraud, money laundering and terrorism forfeiture statutes.
“A network of front companies allegedly laundered millions of dollars in support of such shipments,” Federal prosecutor Jessie Liu said.
She added the parties involved were linked with Iran’s Islamic Revolutionary Guard Corps, which the US regards as a foreign terrorist organisation.
Gibraltar’s government said it had received assurances from Iran that Grace 1 would not sail to countries “subject to European Union sanctions” – that is, Syria. The British territory’s chief minister Fabian Picardo added: “We have deprived the Assad regime in Syria of more than $140m worth of crude oil.”

Share
Tags: Iran

Recent Posts

EFU Life commences health insurance via acquisition and amalgamation of EFU Health

EFU Life Assurance Ltd., the leading private sector life insurance and family takaful provider in…

2 weeks ago

LIPTON’s Pioneering Initiative: An Agreement Signed with Patients’ Aid Foundation- JPMC to Transform Women’s Healthcare

LIPTON Teas & Infusions Pakistan takes a monumental step toward enhancing women's healthcare in Pakistan…

2 months ago

Muhammad Aurangzeb Resigns from Position as President and CEO of HBL

HBL (Habib Bank Limited), the leading financial institution of Pakistan, announces the resignation of its…

2 months ago

Who will help Steam users whose wallets are insecure on the Steam platform?

Steam is a platform where billions of users from around the world engage in PC…

4 months ago

“Let it go,” Jaya Bachchan confronted the media representatives.

Bollywood's megastar and legendary actor Amitabh Bachchan's wife and actress Jaya Bachchan caught the attention…

5 months ago

HBL AND P@SHA FORGE STRATEGIC PARTNERSHIP TO POSITION PAKISTAN AS A TECH DESTINATION

Caretaker Federal Minister for IT & Telecommunication Dr. Umar Saif has said that no doubt…

7 months ago

This website uses cookies.