Friday, August 8, 2025
U.S. files lawsuit for the forfeiture of $47 million in Iranian oil proceeds- oil and gas 360

U.S. files lawsuit for the forfeiture of $47 million in Iranian oil proceeds

(Oil Price) – The United States’ Department of Justice has filed a civil lawsuit at a district court in D.C. for the forfeiture of $47 million in proceeds from the sale of some 1 million barrels of Iranian oil that went to Iran’s Islamic Revolutionary Guard Corps and the Qods Force. The U.S. seized the oil last year and sold it, making $47