Commodities & Energy

Reuters exclusively reveals how Iran fuel oil exports beat U.S. sanctions in tanker odyssey to Asia

Reuters exclusively reveals how Iran fuel oil exports beat U.S. sanctions in tanker odyssey to Asia

At least two tankers have ferried Iranian fuel oil to Asia in recent months despite U.S. sanctions against such shipments, Reuters reported exclusively, after analyzing ship-tracking data, port information and interviews with brokers and traders. The shipments were loaded onto tankers with documents showing the fuel oil was Iraqi, but sources familiar with the matter said the papers were forged. After the article was published, a U.S. State Department official said Washington was investigating and that it reserved the right to take action against any person helping Iran evade U.S. sanctions on energy shipments.


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