Friday, October 30, 2020

US sells oil seized from Iran to Venezuela for $40 million

 Imagine if China did this to Taiwan.


The United States said Thursday that it had sold Iranian oil seized on its way to Venezuela for more than $40 million.

Washington announced in August that it had confiscated 1.1 million barrels of petroleum from four tankers en route between the two countries, which are both under US sanctions.

"We estimate that in excess of $40 million will be recouped by the United States related to the sale of petroleum from those four vessels," Michael Sherwin, the acting US attorney for the District of Columbia, told reporters by telephone

Yahoo News

US sells oil seized from Iran to Venezuela for $40 million

7 comments:

Tom Hickey said...

Piracy? Sure looks like it.

Peter Pan said...

Ambiguous title... perhaps intentionally.

Mike Norman said...

Who gets this money? The Treasury? To pay off our "debts?"

lastgreek said...

'Who gets this money? The Treasury? To pay off our "debts?'

Don't forget the "costs," Mike. $40 million wouldn't cover a week's worth of operating an aircrart carrier strike group in the Persian Gulf. If anything, you guys got fleeced ;)

Peter Pan said...

Odds are the Trumps or the Bidens get the money.

Matt Franko said...

I think a Kushner crony brokered it...

Peter Pan said...

Well, you can't always be in the right position to pocket all of the spoils - unless you're Kim Jong-un...