An Emirati oil and gas company owned by the ruler of Fujairah has surprised U.S. authorities by claiming an oil cargo the U.S. seized earlier this year, alleging that it carried Iranian crude in violation of sanctions. Fujairah International Oil & Gas Corp., Bloomberg reports, told a federal court in the District of Columbia that the 2 million barrels of crude oil originally came from Iraq.
However, it did not disclose the supplier. The Emirati company, which is owned by the Fujairah emir, Sheikh Hamad bin Mohammed Al Sharqi, then sold the…UAE Claims Ownership Of Oil Cargo U.S. Just Seized
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