US sells off Iranian crude oil seized off coast of UAE

The U.S. has sold some 2 million barrels of Iranian crude oil after seizing an oil tanker off the coast of the United Arab Emirates, court documents and government statistics show.

The Iranian crude oil showed up in new figures released over the weekend by the U.S. Energy Information Agency, raising the eyebrows of commodities traders as Tehran remains targeted by a series of American sanctions. The EIA figures included just over 1 million barrels of Iranian “crude oil

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