Five Iran-related oil tankers lose their flags following U.S. sanctions

The international ship registries of Djibouti and the Cook Islands suspended the flags on five oil tankers, following sanctions by the United States this month for having facilitated oil trade for Hezbollah and Iran's Quds Force, nongovernment organization United Against Nuclear Iran (UANI) said on Monday. The U.S. Treasury Department in early November imposed sanctions on a wide network of companies, people and vessels accused of concealing the Iranian origins of shipments and exporting them around the world.