Iran Press/ Iran News: In response to the US claim, Bijan Namdar Zanganeh said on Monday that the US made the claim of seizing oil vessels so that it could fabricate a victory for itself.
Zanganeh said: "The ships' cargos included Iranian gasoline that was sold to Venezuela through the FOB mechanism and that in fact, the US has seized Venezuela's assets."
FOB which stands for 'Free On Board' is an international mechanism for carrying export/import cargos that means delivering goods on the board of the ship in the target country.
In this method, the seller has terminated his risk when they passed the goods through the ship's railing; Shipping and insurance costs are up to the buyer.
The US claimed on August 14 that it has seized four Iranian oil vessels. 207/216
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