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EXCLUSIVE US Sources are considering blacklisting more oil tankers to trade with Venezuela

LONDON / NEW YORK, June 5 (Reuters) – The U.S. is considering sanctioning at least 40 additional foreign oil tankers to trade with Venezuela, four shipping sources told Reuters on Friday. The sources said that the possible sanctions against the various ships could be imposed immediately, although no decision has yet been made. Ships that could be targeted included 25 …

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Low-oil Venezuela celebrates the arrival of tankers from Iran

BOGOTÁ, Colombia – An oil tanker named “Fortune” has sailed from Iran to Venezuela. This is the first of five ships expected to arrive in a nation with so little gasoline that docking a single tanker on Monday was celebrated as a victory by government officials. The move meant deepening economic ties between Venezuela and Iran, two pariahs led by …

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As tankers head towards the Caribbean, growing ties between Iran and Venezuela are causing concern in the United States

The most public account of the deepening relationship: Iran denies five oil tankers steaming across the Atlantic and, according to analysts, carrying 60 million gallons of Iranian gasoline that they believe was bought with Venezuelan gold. The first ship was due to arrive in Venezuelan waters on Saturday evening to alleviate the lack of fuel, which is so bad that …

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Iran confiscates foreign oil tankers in the Gulf to smuggle fuel

The tanker was intercepted Wednesday evening by the 2nd Marine Corps of the Iranian Revolutionary Guard, according to the Iranian news agency ISNA. According to press TV, the ship had seven crew members and 700,000 liters of fuel 4,500 barrels. If it were full, this amount would make it a relatively small tanker. The nationalities of the ship and the …

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Iran confiscates oil tankers with "smuggled fuel" in the Persian Gulf, state media reports

The Iranian Revolutionary Guard seized an oil tanker in the Persian Gulf last week allegedly carrying "smuggled fuel" out of Iran, the state media said Sunday. According to the state, the ship carried 700,000 liters [185,000 gallons] fuel TV and the semi-official news agency Fars. Seven crewmembers reportedly were arrested during the confiscation of the ship. IRANS FOREIGN MINISTERS INVITED …

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Iran confiscates foreign oil tankers who smuggle fuel into the Gulf States

DUBAI (Reuters) – Iranian forces have seized a foreign oil tanker in the Gulf, smuggling fuel into Arab states and arresting seven crew members, Iran's state-run media reported Sunday. The ship was intercepted near the Iranian Farsi island in the Gulf, said the semi-official Iranian news agency Fars. The Lebanese television station al-Mayadeen reported that it was seized on Wednesday. …

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Iranian oil tankers unload despite US sanctions in Chinese ports

August 3 (UPI) – Iranian tankers continue to dump crude oil in Chinese ports, which could upset world oil markets despite US sanctions. However, China imported 12 to 14 million barrels from January to May. The oil is stored bound, which means that it has not passed through Chinese customs. The oil will not be used so it does not …

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Confiscation of Iranian tankers: Royal Navy frigate escorts British ships

Image Rights Reuters The British government has announced it will provide a Royal Navy escort for British flagged vessels to cross the Strait of Hormuz in the face of mounting diplomatic tensions in the Gulf. [19659005] Ship owners are advised to give details of their route so that they can be escorted by the HMS Montrose frigate. The move follows …

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