Published by
Reuters UK
Reuters UK
By Jonathan Saul LONDON (Reuters) – UK-based maritime company Fleetscape is investigating the possible transfer of Iranian oil to a tanker it finances, the Oaktree Capital Management-backed firm said after allegations by a U.S. advocacy group. Top oil shipping companies say they are grappling with a growing risk of handling oil shipments originating from countries that have been targeted by U.S. sanctions such as Iran and Venezuela. A breach of U.S. sanctions could mean a company faces sanctions such as losing access to the dollar financial system, having assets seized, and having insurance co…