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February 15th, 2012 
FAKE NEWS for the Zionist agenda According to Bloomberg, Overseas Shipholding Group Inc. (OSG) will stop loading oil cargoes from Iran.
Based in New York, OSG officials said on January 10 the company’s 45 supertankers from seven owners will no longer go to Iran. The report added that four of the OSG-owned ships, managed by the Tankers International LLC, called at Iran’s Kharg island oil terminal last year.
The Tankers International pool operates 45 very large crude carriers from OSG and six other companies, including Antwerp-based Euronav NV and St. Helier, and Channel Islands-based DHT Holdings Inc.
“All the owners in the pool have stated that they will not trade Iran because of the consequences,” DHT CEO Svein Moxnes Harfjeld told Bloomberg by phone.
Recent EU sanctions against Iran’s oil imports, which were imposed on January 23, include a ban on ship insurance and since about 95 percent of the tanker fleet is insured under rules governed by the European law, there are fewer vessels able to load in Iran.
Founded in 1948, OSG has 111 vessels and 3,500 employees. Its biggest shareholders include the family of board members Oudi and Ariel Recanati, who control about 10 percent. Oudi Recanati is an Israeli citizen and Ariel Recanati is a US citizen.
The US, Israel and their European allies accuse Iran of pursuing a weapons program under the cover of peaceful nuclear program. They have used this excuse to get the UN Security Council to pass four rounds of international sanctions against the country.
The US and the EU have also imposed unilateral sanctions on Iran’s oil and financial sectors, respectively on Dec. 31, 2011, and Jan. 23, to ban oil imports from Iran and penalize other countries for doing so.
Tehran refutes their claims, insisting that as a member to the International Atomic Energy Agency and the Nuclear Non-Proliferation Treaty (NPT), it is fully entitled to peaceful application of the nuclear energy.
Iranian officials have also threatened that if the country is unable to export its crude oil, it may close the Strait of Hormuz through which a daily total of 15-17 million barrels of crude oil passes.
SS/PKH/IS
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