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On November 19, a detailed investigative report by Bloomberg<\/a> has shed light on how the clerical regime in Iran continues to evade international sanctions by employing a vast network of aging and unregistered oil tankers, often referred to as the “shadow fleet” or “ghost fleet.” The report reveals that these tankers play a pivotal role in moving Iranian oil to markets such as China, enabling the regime to sustain daily exports despite global sanctions.<\/p>\n According to Bloomberg, the regime utilizes this clandestine fleet to export up to 1.6 million barrels of oil daily, with the majority destined for China. The report estimates that in the first nine months of this year alone, over 350 million barrels of Iranian oil were smuggled through the Strait of Malacca near Malaysia, generating approximately $20 billion in revenue.<\/p>\n The investigation highlights how these ships operate<\/a> under the radar by disabling their transponders to avoid detection, engaging in ship-to-ship transfers at sea, and falsifying documentation to obscure the oil’s origin. A notable example from the report details the journey of the tanker “Titan,” which loaded oil near Iran\u2019s Hormuz Strait and transferred it to “Win Win” off the Malaysian coast. The oil was then re-documented as originating from Malaysia or Oman before being transported to China.<\/p>\n LEAKED DOCUMENTS Reveal Iranian Regime\u2019s Plot To Form International Club to Counter Sanctions #BlacklistIRGC<\/a>, #IRGCFundsTerror<\/a>,https:\/\/t.co\/VS8Abf0Bw3<\/a><\/p>\n — NCRI-U.S. Rep Office (@NCRIUS) June 19, 2023<\/a><\/p><\/blockquote>\n\n