by Reuters
John Bolton, the lead negotiator for the initiative when it was formed, told Reuters "it would be fully justified" to use the initiative to slow down Iran oil exports.
US President Donald Trump's administration is considering a plan to stop and inspect Iranian oil tankers at sea under an international accord aimed at countering the spread of weapons of mass destruction, sources familiar with the matter told Reuters.
Trump has vowed to restore a "maximum pressure" campaign to isolate Iran from the global economy and drive its oil exports to zero, in order to stop the country from obtaining a nuclear weapon.
Trump hit Iran with two waves of fresh sanctions in the first weeks of his second-term, targeting companies and the so-called shadow fleet of aging oil tankers that sail without Western insurance and transport crude from sanctioned countries.
Those moves have largely been in line with the limited measures implemented during former President Joe Biden's administration, during which Iran succeeded in ramping up oil exports through complex smuggling networks.
Iranian ships to be stopped along Asian sea lanes
Trump officials are now looking at ways for allied countries to stop and inspect ships sailing through critical chokepoints such as the Malacca Strait in Asia and other sea lanes, according to six sources who asked not to be named due to the sensitive subject.
Reuters
Source: https://www.jpost.com/business-and-innovation/all-news/article-844982
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