Washington has plans to issue warnings to oil shippers , insurers, and port authorities that storing Iranian crude oil will bring the wrath of US sanctions, a US State Department official said on Monday, according to Reuters. The US will target those who store Iranian oil or oil products in violation of current sanctions, “no matter where they are” David Peyman, Deputy Assistant Secretary of State for Counter Threat Finance and Sanctions, said in a statement. The US is also looking to ship captains to obtain and submit to US authorities photo evidence of anyone engaged in the practice of ship-to-ship transfers of Iranian oil, The United States is still working to get Iran’s oil exports to zero, but China, for one, continues to import the sanctioned oil. The warning from the United States are likely not empty threats. Last year, Chinese shipper COSCO had several units sanctioned after […]