The Iranian armada of 'ghost' ships carrying Russian oil is growing, evading the intensifying Western sanctions on Moscow crude
Iran is deploying more ships to form part of a"ghost fleet" carrying Russian oil as Western sanctions on Moscow crude intensify. , at least 16 vessels under the"ghost" network - which has allowed Iran to evade US sanctions - have begun carrying Russian oil over the past two months. Earlier, just 9 tankers had shifted to the Russian route since the start of Moscow's war with Ukraine.
Russia, Iran and Venezuela — all countries burdened with US sanctions — are increasingly competing to sell their oil to India and China,Asia has become a key buyer of Russian oil since the country invaded Ukraine last year, buying the commodity at steep discounts. The sales have been facilitated by shipping companies that are willing to employ methods such as ship-to-ship transfers and going dark to decrease the risk of detection.
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