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Title : Iran Resumes Black-Market Oil Exports
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Iran Resumes Black-Market Oil Exports

An Iranian crude oil supertanker anchored off Singapore. Picture: REUTERS

Washington Times: Iran resumes black-market oil exports after U.S. imposes sanctions

Tehran says has developed highly refined techniques to sell bootleg oil and launder profits

With President Trump finally pulling the trigger on tough economic and financial sanctions, Iran is gearing up to revive a black-market oil export operation that kept the regime afloat the last time Washington engineered an international embargo on Iranian crude.

The battle of wills could determine a critical piece of the Trump foreign policy as the U.S. seeks to impose its will on Iran and on its leading international partners to force a major change of behavior in Tehran. Iranian leaders said Monday that the pressure campaign won’t work.

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WNU Editor: I am willing to bet that this oil is being sold at a huge discount.

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