Remember the 4 oil tankers Trump had seized?

1.2m barrels oil sold.

The United States has sold more than a million barrels of Iranian fuel seized under its sanctions programme last year, a Department of Justice official said, as another ship with intercepted Iranian crude oil sails to a US port.

The seizures are part of Washington’s tough economic sanctions on Tehran imposed over its nuclear programme and the US designation of a number of Iranian groups as “terrorists”, continuing decades of rancour between the two nations. Iran rejects US accusations of wrongdoing.

The shipments, the largest seizure by Washington of Iranian fuel to date, were transferred to other vessels and sent to the US, where the fuel was meant to be sold and the proceeds distributed to a fund for US victims of “state-sponsored terrorism”.

Department of Justice spokesman Marc Raimondi told Reuters news agency this week that the sale of the cargoes had been completed, adding that the government was “still working out the final expenses”.

“The petroleum has been seized, and an interlocutory sale has preserved the cash value of the petroleum, which is now held by the US Marshals Service,” he said. The value of the gasoline was not known but was likely worth tens of millions of dollars based on benchmark European gasoline prices.