Anjali Singhvi, Edward Wong and Denise Lu, NY Times, have a nice piece on Iran’s defiance of US sanctions, here…
“China and other countries are receiving oil shipments from a larger number of Iranian tankers than was previously known, defying sanctions imposed by the United States to choke off Tehran’s main source of income, an investigation by The New York Times has found.”
And, this:
”While Iran continues to export oil, the sanctions have had a substantial impact. In April 2018, before Mr. Trump withdrew from the nuclear deal, Iran exported 2.5 million barrels of oil per day. One year later, that figure was at one million. And in June, after the end of the exceptions or waivers, ships in Iranian ports loaded about 500,000 barrels per day, according to Reid I’Anson, an energy economist at Kpler, a company tracking seaborne commodities.”
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