The man who was black listed by US for selling an Oil Tanker to a blacklisted Iranian firm has died. Sami Ofer an Israeli billionare businessman made the headlines when he was accused of involving in illegal trade activities with Iran.
The relations between Iran & Israel are the worst the world over.
Sami Ofer was the co-owner of the firm Ofer Brothers Group. His brother Yuli was the other partner. The US authorities had imposed sanctions last month. The Ofers denied any wrongdoing, saying the US had made an unfortunate mistake.
The brothers also control The Israel Corporation, which has assets in shipping, chemicals, energy and transportation.
Mr. Sami Ofer died in Tel Aviv at the age of 89 after a protracted illness.