Iran oil trade to China booming despite sanctions

TradeWinds

Iran continues to move its US-sanctioned oil with impunity despite a high-profile crackdown on ship-to-ship (STS) transfers off Malaysia, according to United Against Nuclear Iran (UANI).

The influential campaign group added 23 new vessels to its “ghost armada” list on Monday, taking the total to 170 vessels that are said to be involved in Iranian exports.