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IPFS News Link • Forfeiture & Seizure

US Seizes "Largest Ever" Haul Of Iranian Missiles & Oil: 'Enough For A Large Military

• by Tyler Durden

Reports describe the seizer was accomplished by two US warships in regional waters that apprehended a total of 171 guided anti-tank missiles, eight surface-to-air missiles, and associated equipment, according to a statement by Assistant Attorney General for National Security John Demers.

"These actions represent the government's largest-ever forfeitures actions for fuel and weapons shipments from Iran," the Justice Department said.

Also on Thursday the Treasury Department and State Department slapped sanctions on eleven different entities connected to the Iranian fuel shipments and sales, and sanctions-busting operations.

The DOJ identified that it as top Iranian Revolutionary Guard Corps (IRGC) operatives behind the clandestine shipments of fuel and weapons.

The 1.1 barrels of fuel had been previously reported as seized by US authorities in August. Initially diverted to Houston, some of it was offloaded in New York. The US has now confirmed it sold the petroleum from four tankers at a price of over $40 million.

"We estimate that in excess of $40 million will be recouped by the United States related to the sale of petroleum from those four vessels," acting US attorney for the District of Columbia Michael Sherwin the told reporters.

According to AFP, Sherwin indicated much of the proceeds from the sale would go to a US