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PROJECTS: Iraq to offer major rail project to investors zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
Iranian sanctions evasion and the Gulf’s complex oil trade May 11, 2021 Share Sanctions have had a devastating impact on Iran’s oil production and exports, preventing much-needed investment in the country’s ageing fields and barring it from legally exporting crude oil to global customers. Using a range of evasion tactics, however, Iran has succeeded in circumventing sanctions and maintaining a steady albeit much lower level of crude exports. The Gulf’s complex regional oil market has facilitated these tactics, providing the perfect environment for trade in oil that U.S. sanctions designate as illicit. Iran has cleverly exploited the Gulf’s crowded shipping lanes and labyrinths of production facilities and trading hubs to obfuscate and conceal the origin of its oil, allowing it to sell its crude to buyers in China, Syria, Venezuela, and elsewhere. Until oil sanctions are lifted as part of a diplomatic agreement on Iran’s nuclear program, the countr ....
Monday Briefing | Egypt: Misfortunes never come singly mei.edu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mei.edu Daily Mail and Mail on Sunday newspapers.