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Iran's shadow oil trade endures near Singapore despite war
April 16, 2026
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Near Singapore, thousands of miles from the Strait of Hormuz, ship-to-ship transfers of Iranian oil have continued during the Middle East war, helping Tehran evade sanctions and maintain trade with China.Nearly 400 tankers are sanctioned by the United States, the European Union or Britain for their activities related to Iran -- which is now facing off against the United States during a tense ceasefire.
Al-Monitor
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