Monday , August 2 2021

Tag Archives: gray market

Iranian sanctions evasion and the Gulf’s complex oil trade

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 …

Read More »