Iran-Linked Oil Tankers Seized by Navy Sailing Toward US
Two oil supertankers linked to Iran have skirted the coast of Brazil and are weeks away from reaching US shores, where authorities plan to seize them and their cargo. The vessels, Tifani and Majestic X, were interdicted by American naval forces in April as part of a blockade aimed at pressuring Iran to end its conflict with Washington.
The ships have been carrying approximately 4 million barrels of Iranian oil, valued at nearly $600 million at current market prices. This marks the first time since 2023 that Iranian oil has been transported to the US, as previous consignments were brought under an earlier forfeiture process.
The seizures are seen as a significant development in the ongoing conflict between the two nations, with the Trump administration attempting to sell the captured vessels and oil for profit. The Justice Department has employed asset forfeiture as a legal tool to seize property linked to criminal activity, often through proceedings against the asset itself rather than an individual.
The US Attorney's Office in Washington confirmed that it had filed cases related to the Tifani, Majestic X, and Lenore, with a spokesperson stating that they couldn't comment on operational details. The White House referred questions to the Justice Department, which pointed to a statement from United States Attorney for the Southern District of Texas, Aaron Reitz.
The US announced its naval blockade in April, seeking to constrict Iranian oil flows and deprive the country of revenues while pushing for an agreement to end the conflict. The embargo was relaxed when the two sides reached a tentative cease-fire in June but re-imposed when their peace negotiations unraveled and fresh hostilities broke out.