US seizes nearly 1 million barrels of Iranian oil allegedly bound for China - eviltoast
  • legion02@lemmy.world
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    1 year ago

    This isn’t an action between states. A US based company bought oil from Iran (hence why it’s Iranian oil, they’re referencing origin, not ownership) to sell to China. That us based company was found to be in violation of US sanctions against Iran. They capitulated because they still wish to do business in the US.