Malaysia seizes $129.9 million in crude oil from tankers suspected of illegally transferring oil

2026-02-01 - 05:36

SINGAPORE -- Two tankers suspected of illegal ship-to-ship oil transfers were detained and more than 512 million ringgit ($129.9 million) worth of crude oil seized 24 nautical miles west of Muka Head, Penang last week, the Malaysian Maritime Enforcement Agency said on Saturday.