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.

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…

The regime has managed to sell billions of dollars in crude to China using a clandestine network of aging tankers. | World News

Una red de buques fantasma con nombres borrados y rastreadores apagados mueve 1,4 millones de barriles diarios desde puertos iraníes hasta refinerías chinas, evadiendo las…

The overland route presents a limited lifeline for Tehran, but cannot substitute for sea-based oil trade.

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 and Iran appear to be adapting to mounting U.S. pressure with new energy and transport corridors. Iran has signaled special transit treatment for China and Russia in the…