Insight: Iran parks oil off Malaysia to dodge Western sanctions
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Insight: Iran parks oil off Malaysia to dodge Western sanctions

Labuan : Malaysia | Sep 12, 2012 at 2:40 PM PDT
Source: Reuters
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Topics A general view of Financial Park on Malaysia's island of Labuan is seen in this February 7, 2012 file photo. Iran is using a little-known port off the East Malaysia coast to hide millions of barrels of oil from Western sanctions, according to shipping data, industry sources and officials. FULL ARTICLE AT Reuters
 
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  • Malaysia Aiding Iran to Overcome Sanctions

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    Reuters news agency  analyzed sea navigation data and interviewed relevant persons, and has concluded that the oil from Iran reaches the area and is hidden on tankers that fly the Panamanian flag.

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