Biden Administration turns a blind eye to Iran Sanctions

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The trade in sanctioned oil is booming as the US turns a blind eye​

Analysts say that the rise in the movement of oil in contravention of western sanctions is often happening with the full knowledge of the US government

According to the EIA the truth is both shockingly brazen and increasingly common; oil originating in countries currently sanctioned by the US and its allies is being systematically relabelled as coming from third-party countries like Malaysia, Oman and the UAE, in order to skirt international embargos.​
Under this now well recognized process, oil is taken from Russia, Iran or Venezuela to meeting points in South-east Asia and transferred from tanker to tanker, where it is then relabeled as coming from a nearby oil producer, before it is shipped on to China.​
These ship-to-ship transfers of oil are highly risky, threatening both the environment and the safety of the crews involved. They occur with little oversight and often in dangerous conditions on the high seas. Despite this, such transfers are being performed daily while local officials and western governments turn a blind eye.
Despite such efforts, the trade in sanctioned oil from countries like Russia and Iran has boomed over the last year. Iranian monthly oil exports alone hit an estimated five-year-high in August of this year, according to watchdog group United Against a Nuclear Iran (UANI). The group estimate that 91% of that oil was imported by China.​
Analysts say that this trade is going on with the full knowledge of the Biden administration, who have prioritized diplomatic overtures with Iran over enforcing their own sanctions.
 

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The trade in sanctioned oil is booming as the US turns a blind eye​

Analysts say that the rise in the movement of oil in contravention of western sanctions is often happening with the full knowledge of the US government

According to the EIA the truth is both shockingly brazen and increasingly common; oil originating in countries currently sanctioned by the US and its allies is being systematically relabelled as coming from third-party countries like Malaysia, Oman and the UAE, in order to skirt international embargos.​
Under this now well recognized process, oil is taken from Russia, Iran or Venezuela to meeting points in South-east Asia and transferred from tanker to tanker, where it is then relabeled as coming from a nearby oil producer, before it is shipped on to China.​
These ship-to-ship transfers of oil are highly risky, threatening both the environment and the safety of the crews involved. They occur with little oversight and often in dangerous conditions on the high seas. Despite this, such transfers are being performed daily while local officials and western governments turn a blind eye.
Despite such efforts, the trade in sanctioned oil from countries like Russia and Iran has boomed over the last year. Iranian monthly oil exports alone hit an estimated five-year-high in August of this year, according to watchdog group United Against a Nuclear Iran (UANI). The group estimate that 91% of that oil was imported by China.​
Analysts say that this trade is going on with the full knowledge of the Biden administration, who have prioritized diplomatic overtures with Iran over enforcing their own sanctions.
The Biden administration’s policies toward Iran are under renewed scrutiny in light of Hamas’s weekend attack. In addition to allowing Iran access to billions in oil revenue, the United States released $6 billion in frozen funds as part of a hostage deal last month, money that experts say helped Tehran keep its funding for terror groups on pace. Around $10 billion more was made available to Iran earlier this year, when the administration waived sanctions so that Iraq could pay Tehran for electricity and other debts.
All told, the administration’s most recent deal with Iran freed up more than $50 billion for Iran, according to Richard Goldberg, a former White House National Security Council member who worked on the Iran portfolio.
80 Billion. No wonder Hamas has so many rockets.
 
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