Posted on 12/16/2020 6:07:57 AM PST by jdsteel
(Firewall) LONDON—Iran has circumvented U.S. sanctions and exported more oil to China and other countries in recent months, providing a lifeline for its struggling economy and undermining the Trump administration’s so-called maximum pressure campaign against Tehran.
The scale of Iran’s petroleum sales is difficult to gauge, given their often covert nature. Several firms that monitor the global oil trade say shipments from Iran have roughly doubled from the low levels seen earlier this year, although estimates vary widely.
On the high end, U.S.-based TankerTrackers.com, which uses satellite imagery to follow deliveries, estimated Iranian crude oil exports hit 1.2 million barrels a day over the fall, up from 481,000 barrels a day in February.
(Excerpt) Read more at wsj.com ...
Good question.
Discredential China. Now.
Is THAT where Hunter’s been? Smoothing the way?
What happened to tankers heading to Venezuela???
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