Tag: US sanctions
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US to Warn Shipping Industry Against Storing Iranian Oil
March 09: The Trump administration will soon issue advisories warning shippers, port officials and insurance companies against the practice of storing Iranian oil and avoiding U.S. sanctions on Iran, a […]
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Exxon Mobil Reportedly Bars Use of Oil Tankers Linked to Venezuela
October 04: Exxon Mobil Corp this week banned the use of vessels linked to oil flows from Venezuela in the last year, according to four people familiar with the matter, […]
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OFAC Advisory to the Maritime Petroleum Shipping Community
September 04: The US Department of the Treasury has issued an OFAC Advisory to the Maritime Petroleum Shipping Community, titled “Sanctions Risks Related to Shipping Petroleum and Petroleum Products from […]
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Brazilian Court Orders Refueling of Iranian Vessels Stranded in Imbituba Due to US Sanctions
July 25: Brazil’s top court on Thursday ordered state-run oil company Petroleo Brasileiro SA to refuel two Iranian grain vessels stranded on the Brazilian coast due to U.S. sanctions holding […]
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US Executive Order Relating to Sanctions on Iranian Metals
May 08: US lawyer Bill Juska of Freehill Hogan & Mahar LLP has advised that on 8 May 2019, US President Trump issued a new Executive Order “Imposing Sanctions with […]
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Vz tankers sit idle
Sanctions biting oil hard. U.S. sanctions strand Venezuelan oil cargoes on 21 tankers (Reuters) – More than 20 tankers loaded with 9.6 million barrels of Venezuelan oil have anchored off […]