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Indonesia seizes Oil Tankers from Iran and Panama

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Indonesian authorities on Sunday seized an Iranian oil tanker and another Panamanian suspected of carrying out the illegal transfer of oil in their country’s waters, the Maritime Security Agency reported.

The tankers – the Iranian-flagged MT Horse and the Panamanian-flagged MT Frea – were seized in waters off the coast of Indonesia’s West Borneo province, according to Wisnu Pramadita, a spokesman for the agency.

The tankers are suspected of committing various infractions, such as not displaying national flags, deactivating their identification systems, illegal robbery, as well as the illegal transfer of fuel between ships and spilling oil, Pramadita added.

 

Iranian television acknowledged that the tanker was seized, citing Indonesian authorities. The report did not elaborate.

Sales from Iran, a country with large reserves of oil and natural gas, have been heavily impacted by US sanctions after President Donald Trump unilaterally withdrew the United States from the nuclear pact between Tehran and world powers in 2018. That cut off a crucial source of government revenue during Iran’s long economic crisis.

 

Since then, Iran has relied on black market sales and deals with Venezuela to maintain its sales.

Ben Oakley
Ben Oakley is the guy you can really trust when it comes to Mainstream News. Whether it is something happening at the Wall Street of New York City or inside the White House in Washington, D.C., no one can cover mainstream news like Ben. Get a daily dose of Trustworthy News by Ben Oakley, only at Globe Live Media.