US seizes nearly 1 million barrels of Iranian oil allegedly bound for China
US seizes nearly 1 million barrels of Iranian oil allegedly bound for China
The US government seized nearly 1 million barrels of Iranian crude oil allegedly bound for China, according to newly unsealed court documents and a statement released by the Department of Justice on Friday.
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Another country? What are you talking about my dude? An American company bought oil from Iran (in violation of US law), and had the oil they bought seized.
You’re late. And that’s not what happened.
It takes all of three minutes to click through to the court order here. All three companies do significant business in the US, but the money to buy the oil was US dollars, and came from Oaktree Capital which is based in Los Angeles.
Which is (and this might be a shocker) in the USA.
Iran is not the USA. The sanctions aren’t recognized. Therefore, any laws America makes does not have to be complied with.Your arguing US law. I’m arguing international. They are not the same. The United States of America does not have authority over the world, despite what you wish. Source. Even the UN says the sanctions are illegal.
your arguing US law. I’m arguing international. They are not the same.
No shit... these companies operate in the US, which makes US law applicable to them.
So, what you're saying is, international law should be superceded by domestic law?
That's how it normally works, yes... particularly if the country in question is not a signatory to the 'international law' in question.
Perfect. I'll let China and Russia know.
That they can issue court orders to companies that do business in their territory?
They ... they know...
That domestic policy supercedes international law? That's literally been the entire argument for sanctions against China: that their domestic policy violates international law and that under the rules-based international order someone needs to do something about it.
Sigh…
international law?
That’s the point. International designations through the UN are nebulous and practically unenforceable. Countries choose to abide by international regulations or they don’t.