Economics

U.S. Unveils Warrant to Seize Iran Ship Stuck at Gibraltar

  • DOJ alleges breaches of money laundering, terrorism laws
  • Trump administration seeks to step up international pressure
U.S. Threatens Sanctions Over Iran Tanker
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The U.S. government has issued a warrant to seize the supertanker Grace 1, which was detained last month on suspicion of hauling Iranian oil to Syria in violation of European sanctions.

A complaint unsealed in Washington states that “Oil Tanker ‘Grace 1,’ all petroleum aboard it and $995,000 are subject to forfeiture,” according to a Justice Department statement. The statement alleges a “scheme to unlawfully access the U.S. financial system to support illicit shipments” of oil from Iran to Syria in violation of U.S. sanctions, money laundering and terrorism statutes.