The US government has reportedly made around $110 million by selling off 2 million barrels of crude oil which it seized along with a tanker off the coast of the UAE after alleging that the product was Iranian.
The cargo from the Liberian-flagged tanker MT Achilleas was unloaded in Houston, Texas and sold at around $55 a barrel, the Associated Press reported, citing court documents. The money went to an escrow fund, similar to proceeds from previous operations.
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