Sanctioned crude oil worth $56 million transferred from seized tanker near Houston despite Iran's retaliation threats

An American-owned oil tanker suspected of carrying sanctioned Iranian crude oil offloaded its cargo near Texas, despite threats of retaliation from Iran. The Marshall Islands-flagged Suez Rajan transferred its oil to another tanker near Galveston. The fate of the cargo has become entangled in the tensions between the US and Iran, as Tehran tries to evade sanctions and continue selling its oil abroad. The US Navy has increased its presence in the region, considering putting armed personnel on commercial ships to prevent Iran from seizing more vessels. Iran has seized two tankers near the Strait of Hormuz, and its paramilitary Revolutionary Guard has warned of further action against anyone involved in offloading the Suez Rajan's cargo.