The White House is warning Chinese shipping companies against turning off their ...
WASHINGTON - The White House is warning Chinese shipping companies against turning off their ships’ transponders to hide Iranian oil shipments in violation of U.S. sanctions, two senior administration officials said.
The sanctions are aimed at quashing Iran’s nuclear ambitions, ballistic missile program and influence in Syria, Iraq and other countries. Its oil exports have fallen to less than 400,000 barrels per day from about 2.5 million bpd. All but three of the ships have become traceable since Reuters’ report ran on Oct. 9. The latest locations for Very Large Crude Carriers Yuan Shan Hu and Cosglad Lake were still unavailable between Oct. 8 and Oct. 16, while Aframax-sized tanker Yang Mei Hu has been untraceable since Oct. 11, data showed.
It has warned shipping companies, energy companies and port officials to be wary of trade in Iranian oil, in some cases telling them they could face sanctions for doing so.
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