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Shadow fleets, teapot refineries and covert trade: How China keeps Iranian oil flowing
Despite escalating US sanctions and a maritime blockade, Iran continues to earn billions of dollars in oil revenue by using a clandestine network of aging tankers to ship crude to China, according to a report by The Wall Street Journal.
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jpost.com
Iran evades US sanctions, exporting oil to China via ship-to-ship transfers | The Jerusalem Post
The ships receiving the oil are often part of Iran’s “shadow fleet,” a fleet of old, rusting tankers that obscure their owners and may switch their flags to those of countries…
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hindustantimes.com
The High-Seas Black Market That Keeps Iran’s Illicit Oil Flowing
The regime has managed to sell billions of dollars in crude to China using a clandestine network of aging tankers. | World News
