Iran’s Ghost Armada Smuggled 900k Bpd Of Oil To China In March

An advocacy group says the Islamic Republic has illegally sent over 337 million barrels of crude oil to China since 2021, worth approximately $22 billion. According to United Against Nuclear Iran (UANI) estimates, Iran’s daily oil exports in violation of US sanctions soared from 825,000 barrels per day in March 2020 to 1.34 million bpd in March 2022, including just under 900,000 barrels per day to China. UANI announced on Tuesday that its campaign to identify and track rogue vessel operators engaged in the Iran's oil and gas smuggling has stymied Tehran’s efforts to circumvent sanctions, leading to 100 vessels being stripped of their flags by authorities worldwide.