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US imports rare Iranian oil in March despite sanctions

by REUTERS

SINGAPORE May 31, 2021 - 12:07 pm GMT+3
A gas flare on an oil production platform is seen alongside an Iranian flag in the Persian Gulf, July 25, 2005. (Reuters Photo)
A gas flare on an oil production platform is seen alongside an Iranian flag in the Persian Gulf, July 25, 2005. (Reuters Photo)
by REUTERS May 31, 2021 12:07 pm

A cargo tanker carrying 1.033 million barrels of Iranian crude oil landed on United States shores in March, the second shipment of Iranian oil to be imported into the country since 1991, data from the U.S. Energy Information Administration (EIA) showed.

The cargo was registered in EIA data released late last week for the month following the seizure by U.S. authorities of the Liberian-flagged tanker Achilleas, which was transporting Iranian crude.

The EIA gave no other details on the Iranian cargo, and the agency could not be reached for comment outside of U.S. office hours. Monday is a holiday in the U.S.

The U.S. last recorded Iranian crude and petroleum imports of 3,000 barrels per day for October 2020, in addition to the oil Washington had seized under its sanctions program, EIA data showed.

Refinitiv Eikon shipping data showed that the Achilleas discharged its cargo at the U.S. Gulf port of Galveston in March.

The seizure was in line with tough economic sanctions imposed by Washington on Tehran over its nuclear program and the U.S. designation of a number of Iranian groups as terrorist organizations, continuing decades of hostility between the two nations. Iran rejects U.S. accusations of wrongdoing.

Iran has been in talks with world powers since April, working on steps that Tehran and Washington must take regarding sanctions and nuclear activities to return to full compliance with the 2015 nuclear pact.

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    us-iran relations iranian oil u.s. energy information administration us sanctions achilleas
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