How Iran fuel oil exports beat U.S. sanctions in tanker odyssey to Asia
21 Mar 2019

At least two tankers have ferried Iranian fuel oil to Asia in recent months despite U.S. sanctions against such shipments, according to a Reuters analysis of ship-tracking data and port information, as well as interviews with brokers and traders.

The shipments were loaded onto tankers with documents showing the fuel oil was Iraqi. But three Iraqi oil industry sources and Prakash Vakkayil, a manager at United Arab Emirates (UAE) shipping services firm Yacht International Co, said the papers were forged.

The people said they did not know who forged the documents, nor when.

The transfers show at least some Iranian fuel oil is being traded despite the reimposition of sanctions in November 2018, as Washington seeks to pressure Iran into abandoning nuclear and missile programs.

– By Roslan Khasawneh, Ahmed Rasheed, Ahmed Elumami, Reuters, 20 March 2019.

Link to Reuters

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