Iran is facing a growing squeeze from the country’s rapidly depreciating rial currency and economic sanctions imposed due to Tehran’s nuclear program.
NIMASA says US-seized supertanker linked to crude theft last sailed to Nigeria in 2024, denies ownership ties.
The estimated value of the oil seized, and which the United States has said it intends to keep, ranges between $50 million and $100 million.
"An oil tanker carrying six million litres of contraband diesel fuel has been boarded off the coast of the Sea of Oman," the ...
US authorities on Friday unsealed the warrant for an oil tanker seized off the coast of Venezuela, decried as “international piracy” by Caracas.