The US government on Monday warned the oil shipping industry to avoid violating sanctions against Syria and Iran by scrutinizing vessel histories and trading partners. The advisory includes a list of vessels believed to have been involved in illicit oil shipments in 2016-2018, including 51 deliveries to Syria and 33 banned ship-to-ship transfers. “Any violations of prohibitions or weaknesses in compliance that result in sanctionable conduct exposes the shipping community to significant risks and can trigger severe consequences,” the Treasury Department’s undersecretary for terrorism and financial intelligence, Sigal Mandelker, said in a statement. The alert issued by Treasury’s Office of Foreign Asset Control, along with the US State Department and US Coast Guard, comes after a similar advisory last week warning the oil sector to avoid violating sanctions against North Korea. That report said North […]