Somehow, it fell to the United States to censure an Israeli shipping company for doing business with Iran.
Last month the State Department sanctioned the Ofer Brothers Group, a private company based in the tony beach city of Herzliya, for selling an $8.6 million tanker to Iran through a known Iranian front company based in Monaco. The May 24 order barred the Israeli firm, along with a subsidiary based in Singapore, from obtaining export licenses, private loans north of $10 million from American banks and any loans at all from the U.S. Export-Import Bank.
