U.S. Says Greek Executive Evaded Sanctions on Iran The United States blacklisted a Greek business executive and 14 of his companies on Thursday, accusing them of conspiring with Iran to acquire eight large petroleum tankers used to transport Iranian oil to unwitting foreign customers in defiance of Western economic sanctions. It was one of the largest efforts to evade sanctions cited by the United States concerning Iran, which is confronting an increasing array of Western economic penalties over its disputed nuclear program. The Treasury and State Departments said in an announcement that the eight tankers, capable of carrying roughly $200 million worth of oil per shipment, are really owned by Iran and not the network of trading companies operated by the Greek executive, Dimitris Cambis.
Posted on: Fri, 16 Aug 2013 16:24:23 +0000
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