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  • photo credit “Jack-up rig in the Caspian Sea 1” by Rehman is licensed under CC BY-SA 3.0., edited, Source: Wikimedia Commons

    How a Secret Chinese Barter Arrangement Helps Iran Skirt U.S. Sanctions

    China has quietly built a financial workaround allowing it to keep paying for Iranian oil despite sweeping U.S. sanctions, according to new reporting by The Wall Street Journal.

  • French Navy Identifies Suspected ‘Shadow Fleet’ Oil Tanker

    French authorities are investigating a crude oil tanker suspected of operating within a “shadow fleet” moving Russian oil, after the vessel “Boracay” anchored off Saint-Nazaire, Reuters said citing the French Navy.

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