April 28, 2023
Publication:
Financial Times
Related Country:
- China
The U.S. Department of Justice seized the Suez Rajan, an oil tanker loaded with Iranian crude and destined for China, under a court order. The Suez Rajan is owned by Fleetscape, an affiliate of the U.S.-based firm Oaktree Capital. Oaktree Capital denied that it or Fleetscape had an ownership interest in the vessel's cargo. Days later, Iran detained the Advantage Sweet, an oil tanker bound for the United States, in the Gulf of Oman.