Iran’s ‘ghost fleet’ shipping sanctioned Russian oil – FT ...News

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Iran’s ‘ghost fleet’ shipping sanctioned Russian oil – FT
The number of vessels for these imports has been growing, the outlet reports Iran has been deploying more ships as part of a “ghost fleet” carrying Russian oil amid Western sanctions on exports from the country, the Financial Times reported on Tuesday. The term ‘ghost fleet’ refers to tankers used to circumvent sanctions to transport oil. Iran and Venezuela have perfected the practice in recent years to bypass US sanctions. The report said that at least 16 of these vessels have started shipping Russian oil over the past two months. Earlier, just nine tankers had shifted to the Russian route since the start of the

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