No. 18



US Says Shippers And Oil Firms To Be Held Liable For Any Illegal Iraqi Products Found

The US has said that in future, if ships in the Gulf are found to be carrying any smuggled Iraqi oil or products, the UN Maritime Interception Force (MIF) will confiscate and sell off the entire cargo. The announcement, made by Pentagon spokesman Ken Bacon on 25 April, came after Shell agreed to pay $2mn into a UN escrow account for buying a cargo aboard a Russian tanker that...