U.S. threats of legal action and sanctions forced Greek shipowners to surrender Iranian fuel to the U.S. government in recent days, people familiar with the confiscation said. The Justice Department confirmed Friday it had confiscated cargo in four vessels allegedly loaded with Iranian fuel in violation of sanctions, as the Trump administration steps up its campaign of maximum pressure against Iran. The fuel was headed for Venezuela.
Source: Wall Street Journal August 15, 2020 00:00 UTC