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Greek shipper pleads guilty to smuggling Iranian crude oil and will pay $2.4 million fine

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( ) -q-28- UNDATED (Correspondent Jeremy House) “held in Tehran.”

A Greek shipper has pleaded guilty to a charge over it smuggling sanctioned Iranian crude oil and agreed to pay a $2.4 million fine.

[CutID: <Cuts> GREEK-SHIPPER-FINE-house-q-THUam.mp3
Time: 28s
Title: GREEK-SHIPPER-FINE-house-q-THUam
Out-cue: held in Tehran]

TAG: Correspondent Jeremy House reporting,

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VERBATIM: U.S. federal court papers show Empire Navigation agreed to be put on corporate probation under the plea agreement. The charge stems from the saga over the oil tanker Suez Rajan, which has become mired in the wider tensions between the U.S. and the Islamic Republic. Meanwhile, Tehran and Washington have been working toward a trade of billions of dollars in frozen Iranian assets in South Korea for the release of five Iranian Americans held in Tehran.

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