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News Wire / economy

Iran Ships Oil to China Via Shadow Fleet

developing Beijing 59m56m Impact 7
Iran has shipped 11.7 million barrels of oil to China since the Strait of Hormuz closure, utilizing a shadow fleet that operates via Malaysia. This strategy allows Beijing to circumvent sanctions while maintaining oil imports.

Topics

oil smuggling sanctions evasion geopolitics

Developing

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Sources · 7 independent

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