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Iranian sanctions evasion and the Gulf’s complex oil trade May 11, 2021 Share Sanctions have had a devastating impact on Iran’s oil production and exports, preventing much-needed investment in the country’s ageing fields and barring it from legally exporting crude oil to global customers. Using a range of evasion tactics, however, Iran has succeeded in circumventing sanctions and maintaining a steady albeit much lower level of crude exports. The Gulf’s complex regional oil market has facilitated these tactics, providing the perfect environment for trade in oil that U.S. sanctions designate as illicit. Iran has cleverly exploited the Gulf’s crowded shipping lanes and labyrinths of production facilities and trading hubs to obfuscate and conceal the origin of its oil, allowing it to sell its crude to buyers in China, Syria, Venezuela, and elsewhere. Until oil sanctions are lifted as part of a diplomatic agreement on Iran’s nuclear program, the country will likel

Shatt al arab arvand rudAbbas araqchiMohammed al sharqiGas corporationDepartment of the treasuryFujairah international oilJoint comprehensive planAutomatic identification systemsPersian gulfArvand rudFaw peninsulaMiddle eastSheikh hamadமுகமது அல் ஷர்கிவாயு நிறுவனம்துறை ஆஃப் தி கருவூலம்