New York:
The US has operated one United Arab Emirates-based Indian national and two India-based institutions as part of Iran’s “Shadow Fleet” and included Iranian oil shipping.
Jugwinder Singh Brar has several shipping companies, which boast of a fleet of about 30 ships, many of which serve as part of Iran’s “shadow fleet”, the US Department of Treasury said in a statement on Thursday.
In addition to its UAE-based businesses, Brar is the owner of India-based shipping company Global Tankers Private Limited and Petrochemical Sales Company B and P Solutions Private Limited.
The Treasury Department of Foreign Assets Control (OFAC) nominated Brar, two UAEs and two India-based institutions, which owe and operate Brar’s ships carrying Iranian oil from the National Iranian Oil Company (NIOC) and the Iranian army.
Brar’s ships are engaged in the transfer of Iraq, Iran, UAE, and Oman’s high-risk ship-to-J-Jahaj (STS) of Iranian petroleum in the Gulf of Oman, the agency said that these cars reach other facilities to mix oil or fuel along with products in other countries, which work for Iran.
The Secretary of Treasury Scott Besant said, “The Iranian rule depends on his network of dishonest ships and brokers such as Brar and their companies to enable its oil sales and to finance its unstable activities,” the secretary of Treasury Scot Besant said that the US focuses on disrupting all the elements of Iran, especially those who want to benefit from this trade.
BRAR is the captain of a ship and the owner and director of the UAE-based companies and the prime tankers are LLC and Glory International FZ-LLC. Through its companies, BRAR operates, or manages a fleet of about 30 oil and petroleum product tankers, most of which handles tankers that stick to coastal water and carry a fraction of cargo of big tankers.
Brar uses these small ships for STS transfer to load the Iranian oil from other “shade fleet” vessels or load oil or fuel that is smuggled with small commercial and fishing vessels. The agency said that these operations may take day to complete due to many transfers required to fill the same tanker.
In this manner, Brar has coordinated the stolen strategy of restrictions to illegal shipping colleagues of Hurti Financial Officer Sa’id al-Jamal, especially for the use of small ships in exchange for large oil tankers and the Gulf and Khor al-Zubair of Persia for smuggling Iranian oil around Iraq. In 2023, Mahima International-International and Managed Nadia smuggled Iranian oil on behalf of the Iranian army.
The agency stated that Brar’s small ships also help inhibit the movement of Iranian cargo through STS transfer with approved ships, often while their automated identification system (AIS) is disabled or manipulated so that the ships are wrongly visible elsewhere.
Crarar ships have been observed after high -risk STS patterns on several occasions in water near Iraq’s Khor Al Zubair and Umm QASR ports, and Iran, UAE and Oman’s Gulf.
At this point, facilitators mix Iranian oil or fuel with other countries products and prove shipping documents wrong to hide Iran’s link, allowing these cars to reach the international market through large tankers.
Global tankers Brar’s fleet owns several vessels or managers. Brar has probably taken Iranian petroleum for its personal benefit as it has availability due to its availability at low prices due to the risk of such cargo.
Several ships of the crarr, known to carry Iranian petroleum, continuously make port calls on oil and gas terminals in India, including B and P Solutions Private Limited’s major ports located near the branches of Private Limited.
Ofac is nominating according to BRAR for an executive order for the Iranian economy operating in the petroleum sector. Prime tankers, Glory International, Global Tankers, and B and P Solutions Private Limited are being designated or indirectly, to be owned or controlled by Brar.
In many NIOC contracts signed during millions of dollars of 2024, ships were selected by Glory International -owned ships Global Beauty and Global Eagle to provide fuel oil bunkering services to the vessels in Iranian water.
Action has been taken after an executive order, which targets Iran’s petroleum and petrochemical regions, and symbolizes the fifth round of restrictions targeting Iranian oil sales as President Donald Trump released the memorandum of national security presidential presidential presidential, which orders a maximum pressure campaign on Iran.
As a result of today’s action, all the property and interest in the property of the designated persons described above are in the United States or under the possession or control of American individuals and they should be informed to OFAC.
In addition, any institution that is directly or indirectly, individually or owned in total, is also blocked by one or more blocked individuals.
American restrictions typically restrict all transactions by American individuals or by within the United States (or transting), which include any property or interest in the property of nominated or otherwise blocked individuals. Citizens or criminal punishment may apply to American and foreign individuals as a result of violation of US sanctions.
(Except for the headline, the story has not been edited by NDTV employees and is published by a syndicated feed.)