Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you a link to reset your password.

  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you a link to reset password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

In this list
Oil | Shipping

Iran warns US of 'firm response' if action taken against its fuel tankers

Electricity | Coal | Electric Power | Oil | Crude Oil | Refined Products | Gasoline | Coronavirus

Market Movers Americas, Oct 19-23: US midstream watching election runup, COVID resurgence threatens gasoline demand


Platts Dirty Tankerwire

Commodities | Oil | Crude Oil | Marine Fuels

Marine Fuel Strategy Seminar (at MEEPEC)

Electricity | Electric Power | Nuclear | Natural Gas

US, Poland reach nuclear technology deal to loosen Russian pipeline gas grip

Iran warns US of 'firm response' if action taken against its fuel tankers


Five Iranian tankers en route to Venezuela: cFlow

Tankers carrying 210,000 mt of gasoline

US government last week warned of 'illicit shipping'

Tehran — Iran on Monday warned of a "firm response" if the US takes action against its oil tankers as five Iranian vessels are heading for Venezuela.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

Both countries' oil sectors are under strict US sanctions.

"Free trade between independent countries is legitimate," Abbas Mousavi, Iran's foreign ministry spokesman, said in his weekly briefing. "In case of any action from the US, it will face Iran's firm response."

Five Iranian clean tankers are currently en route to the Latin American country, according to shipping sources.

The five tankers -- Faxon, Fortune, Petunia, Clavel and Forest -- are carrying a total of 210,000 mt of gasoline, data from ship tracking service Platts cFlow showed. Three of these tankers are currently sailing in the North Atlantic while two of them are in the west Mediterranean, according to cFlow.

Last week, the US government said the global maritime, energy and metals industries should be on guard for "illicit shipping" schemes that expose them to sanctions risks, particularly with trades involving Iran, North Korea and Syria.


Iranian Foreign Minister Mohammad Javad Zarif on Sunday said the US was making "provocative threats a type of piracy and great menace to international peace and security." In a letter to UN Secretary General Antonio Guterres, Zarif stressed Iran had the right to take necessary measures against the threats.

Iran's deputy foreign minister Abbas Araghchi conveyed the message by summoning Swiss ambassador Markus Leitner who is in charge of US interests in Iran. Araghchi pointed to "legal" trade ties with Venezuela and said "US bullying is a threat to freedom of shipping, international trading and free current of energy."

He said consequences of Iran's "instant and firm" response to any risk for Iranian oil tankers will be on the US.

Government spokesman Ali Rabiei on Saturday said Iran would not stop selling its oil.

"We have trade exchanges with any country. We give some goods and we receive some goods. This is no one's business in the world. And they even spread rumors. We are two independent governments and we have exchanges of various goods. We will not sit on our hands either and we must sell our oil," Rabiei was quoted as saying by official news agency IRNA.