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Iran has recently resumed illegal shipments of oil to Syria, CNBC said Thursday quoting information provided by oil tanker companies.
TankerTrackers for example m said Today, "We have spotted the first Iranian oil delivery to Syria since January 1 of this year. One million barrels arrived on May 5th. "
TankerTrackers and ClipperData have reported delivery of about 1 million barrels of Iranian crude oil to the Syrian port of Baniyas, home to the largest Syrian refinery, during the first week of May. The tanker they were watching had turned off his transponder at some point – a tactic that analysts believe Iran will start using more often to ship and sell its oil "under the radar".
The United States' maximum pressure campaign against Iran prompted the Trump government to end all sanctions exemptions for Iranian oil buyers in an effort to wipe out Iranian oil exports .
Iran, for its part, accuses the United States and its allies of using oil as a political tool and has repeatedly said that US sanctions can not and will not reduce Iran's oil exports to zero. .
Analysts say Iran's largest oil buyer, China, may not fully stop buying Iranian crude, as Beijing has said it will not comply with US sanctions on Iran. Experts also believe that Iran will reopen and use more and more of its illicit oil channels to maintain the oil trade and continue to earn some revenue from its most valuable export product.
On Wednesday, Iran said it was suspending some of its commitments under the nuclear deal and threatened to resume uranium enrichment to a higher level if the remaining signatories of the agreement, namely the EU, Russia and China, did not fulfill their obligation within 60 days. their commitments to Iran, including the protection of the Iranian oil trade against US sanctions.
The United States reacted to renewed tensions with Iran with Iran's Special Envoy Brian Hook, promising that any attack on the United States or its allies would be confronted with a show of force.
By Tsvetana Paraskova for Oilprice.com
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