U.S. announces ‘Largest-Ever’ Forfeiture of Iranian Missiles, Oil Seized in U.S. Navy Raids

The U.S. Department of Justice announced the largest-ever forfeitures of Iranian fuel and weapons to have been seized by the U.S. government. The U.S. Department of Justice successfully forfeited approximately 1.1 million barrels of oil and hundreds of missiles seized by the U.S. Navy from several Iranian vessels in the Arabian Sea late in 2019 and early 2020, the U.S. Department of Justice confirmed in an announcement on Wednesday night. These represent the largest-ever American forfeitures of Iranian fuel and weapons to have been seized by the US government. Forfeiture of property – penalizing the owner for wrongdoing – allows…