National Iranian Oil Company (NIOC) – Involved In

Lloyds and Santander implicated in global Iran sanctions-evasion scandal

In a shocking revelation, documents obtained by the Financial Times (FT) have exposed how Iran illicitly utilised Lloyds and Santander UK to move money worldwide, forming a vast sanctions-evasion ...
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US Lawmakers Warn Against Iran Boosting Oil Revenues Despite Sanctions

In a letter to the US Treasury Department, 11 members of the House of Representatives warned against Iran’s illicit strategies to circumvent oil sanctions. Iran’s actions are “compromising the ...
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The IRGC’s Control of Iran’s Oil Industry

In the upcoming budget bill for Iran in the next year, the General Staff of the Armed Forces has been granted permission to sell crude oil and gas condensate, ...
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America would struggle to break Iran’s oil-smuggling complex

In february dilro, an obscure company based in Dubai, bought the Ocean Kapal, an 18-year-old tanker. Since then the Panama-flagged vessel has been given a new name, Abundance III, ...
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Iran sentences crew of seized Panama-flagged Ariana tanker

The crew of a Panama-flagged tanker seized by Iran last year has been sentenced to a total 22 years in prison by the revolutionary court of Bandar Abbas, Iranian ...
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Iran, Syria, Venezuela to construct oil refinery in Homs

Iran, Syria and Venezuela are to construct an oil refinery in Syria’s Homs governorate, following the signing of a landmark agreement last week. In an interview with Iran’s Fars ...
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