America’s strictness on illegal transport of Iranian oil, banned on an Indian citizen and 4 companies

Iranian Oil Shadow Fleet: The US has taken a major action on the illegal transport of Iranian oil. Under this, an Indian citizen and four companies living in the United Arab Emirates involved in Iranian oil shipping have been banned. Two of these companies are from India.

The Indian citizen who has taken action on the US is named Jugwinder Singh Brar, whose own shipping companies. They have a large fleet of 30 oil and petroleum tankers, many of which serve as Iran’s shadow fleet i.e. group of tanker ships, which transport Iranian oil to different countries, violating restrictions. The US Department of Treasury gave this information in a statement on Thursday.

Brar makes Iranian oil deal in this way

Brar is the owner of India’s shipping company Global Tankers Private Limited and Petrochemical Sales Company B and P Solutions Private Limited along with taking care of several businesses. The Treasury Department of Foreign Assets Control (OFAC) has nominated Brar, two UAEs and two Indian institutions, which operate the ships of Brar carrying Iranian oil from the National Iranian Oil Company (NIOC) and the Iranian army.

Brar’s ships transfer the Iranian petroleum ship-to-Jhaj (STS) to Iraq, Iran, United Arab Emirates and the water area of ​​Oman’s Gulf. The goods then reaches other smugglers, which mix oil or fuel with other countries products and then manipulate shipping documents to hide relations with Iran. In this way, Iranian oil reaches the international market.

Iran depends on dishonest ships

The Secretary of Treasury Scott Besant said, “Iran depends on his oil network for the sale of its oil and his companies such as dishonest ships and brokers.” The Secretary of Treasury Scott Besant said that the US wants to focus on stopping those who benefit from Iran’s oil exports and its business.

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