UPDATE: AP has details that make Biden’s handlers not look so bad at least in this case:

US sells off Iranian crude oil seized off coast of UAE

by Jon Gambrell, Associated Press, May 31, 2021:

DUBAI, United Arab Emirates — The U.S. has sold some 2 million barrels of Iranian crude oil after seizing an oil tanker off the coast of the United Arab Emirates, court documents and government statistics show.

The Iranian crude oil showed up in new figures released over the weekend by the U.S. Energy Information Agency, raising the eyebrows of commodities traders as Tehran remains targeted by a series of American sanctions. The EIA figures included just over 1 million barrels of Iranian “crude oil imports” in March.

The oil came from the MT Achilleas, a ship seized in February by the U.S. off the coast of the Emirati port city of Fujairah. U.S court documents allege the Achilleas was subject to forfeiture under American anti-terrorism statues as Iran’s paramilitary Revolutionary Guard tried to use it to sell crude oil to China. The U.S. has identified the Guard as a terrorist organization since the administration of former President Donald Trump.

Prosecutors say shippers tried to disguise the shipment by labeling it as “Basra light crude” from neighboring Iraq.

The U.S. government brought the Achilleas to Houston, Texas, where it sold the just over 2 million barrels of crude oil within it for $110 million, or at around $55 a barrel, court documents show. The money will be held in escrow amid a court case over it….

Original post:

Biden’s handlers’ stance toward Iran is predicated on the assumption that the mullahs will respond in kind to gestures of good will. This is an erroneous assumption. The mullahs will see Biden’s handlers’ appeasement efforts as signs of weakness, and become increasingly aggressive.

U.S. imports rare Iranian oil in March despite sanctions – EIA data

Reuters, May 30, 2021:

SINGAPORE — The United States imported a rare cargo of 1.033 million barrels of Iranian crude in March despite sanctions on Iran’s energy sector, data from the U.S. Energy Information Administration showed.

The cargo is only the second oil import by the United States from Iran since late 1991, data on EIA’s website showed….

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