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M/T Nasha: How Iran is racing to store oil using ‘ghost ship’ as Kharg Island nears capacity

As the United States continues to tighten its blockade on Iranian oil flows, Tehran is repeatedly scrambling to manage excess crude, with its key export hub Kharg Island rapidly approaching storage limits.Tehran is now reportedly moving to expand crude storage at Kharg Island by reactivating the 30-year-old crude carrier M/T Nasha, signalling mounting pressure on…

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trump sanctions on china39s private refiner

Iran war: How Trump sanctions on China’s private refiner may have collateral damage beyond oil

Hengli represents a far more significant target. It is one of China’s most advanced private refiners. (AI image) The Donald Trump administration’s step to sanction one of China’s largest privately owned refiners over its links to Iran will have implications beyond oil! China has for years remained the largest buyer of Iranian crude, much of…

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