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News / Politics

U.S. moves to seize more than 500,000 barrels of Iranian oil

By ERIC TUCKER, Associated Press
Published: February 2, 2024, 5:35pm

WASHINGTON — The Justice Department announced Friday that it was seizing more than 500,000 barrels of internationally sanctioned Iranian fuel that officials said was illegally trafficked to provide funding for the country’s paramilitary force.

In addition, prosecutors announced criminal charges related to the sale of the crude oil to buyers in China, Russia and Syria.

Officials described the actions, which come at time of simmering tensions between the U.S. and Iran, as part of a broader effort to disrupt funding to the paramilitary Revolutionary Guard’s Quds Force, an expeditionary unit believed to be working abroad in countries like Iraq, Lebanon, Syria and Yemen to back Iranian-allied militias.

“Iran presents a constant threat to the United States — trying to murder Americans right here within our borders, conducting a cyberattack on a children’s hospital, supporting terrorists around the world, and more,” FBI Director Christopher Wray said in a statement. “All of Iran’s crimes cost money. And the FBI will remain committed to enforcing U.S. sanctions that keep money out of its coffers.”

Attorney General Merrick Garland said in a statement that “the Justice Department will continue to use every authority we have to cut off the illegal financing and enabling of Iran’s malicious activities, which have become even more evident in recent months.”

The U.S. also says it seized $108 million that was used as part of the scheme.

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