As Iran nuclear deal grows closer, opponents question big tanker impact

…But United Against Nuclear Iran (UANI) suggested some of the ships trading carrying Iranian oil have ties back to Iran and would not be scrapped f

Russian Invasion Of Ukraine Puts Moscow’s Ties With Tehran In The Spotlight  

The instability foisted upon Europe by Russia through its invasion of Ukraine raises concerns about Moscow’s role in the ongoing Iran nuclear talks, especially with Iranian negotiators refusing to directly meet with their U.S. counterparts. In addition to launching an unprovoked invasion of its neighbor last month, Russia showcased its close economic ties with the Iranian regime, raising questions about the wisdom of the U.S. and its European allies continuing to pursue an agreement within the present construct of talks.

‘A Word Salad Of Bureaucratic BS’: Democrats Say To Fight Russia, Buy Oil From Iran

…Two Russian tankers, Pegas and Linda, “have been ferrying illicit Iranian crude oil in recent months, a move e

Russia Involved in Plot To Help Iran Bust US Oil Sanctions

…The two tankers, named the Pegas and Linda, were recently sanctioned as part of U.S.

Sept. 11 victims seek seizure of Iran oil from U.S.-owned tanker

…Its London-based Fleetscape unit, which provides lease financing for the Suez Rajan, in a statement on Friday said it was committed to honoring U.

On February 2, the International Group of P&I Clubs (IGP&I) – whose members provide maritime liability cover for approximately 90% of the global ocean-going tonnage – issued a joint circular describing recent deceptive shipping practices.

UANI’s shipping campaign has been widely successful in compelling the world’s leading maritime classification societies to strip rogue ships of their certifications. Absent such accreditations guaranteeing a vessel’s seaworthiness, a tanker is barred from entry to foreign ports and may not secure insurance cover.

On January 20, 2022, China officially acknowledged for the first time in more than two years that it had imported Iranian oil – an openly declared violation of U.S. sanctions. In reality, Beijing has been importing millions of barrels of Iranian oil every single month since May 2, 2019, when the U.S. banned all Iranian oil exports to all countries. Since that date, China has imported a total of 542 million barrels from Iran.

Sojitz

Sojitz (Hong Kong) Limited (“Sojitz HK”), a Hong Kong, China-based company that engages in offshore trading and cross-border trade financing, has agreed to pay $5,228,298 to settle its potential civil liability for apparent violations of the Iranian Transactions and Sanctions Regulations (ITSR). The apparent violations occurred when Sojitz HK made U.S. dollar payments through U.S. financial institutions for Iranian-origin high density polyethylene resin (HDPE) from its bank in Hong Kong to the HDPE supplier’s banks in Thailand.

Flying in the face of American sanctions, which bans Iranian oil trade, Tehran has managed to dramatically increase its oil exports for 2021 compared to the previous year. By September 2021 – when Iranian Oil Minister Javad Owji said, “there is strong will in Iran to increase oil exports despite the unjust and illegal U.S. sanctions” – Iran had already surpassed the amount of oil it exported in the entirety of 2020.