China is evading U.S. sanctions and buying Iranian oil at a staggering rate, according to a new analysis highlighting Tehran's transfer of billions in crude profits to its terrorist proxies, including the Palestinian militant group Hamas.
Iranian oil tanker Fortune is anchored at the dock of the El Palito refinery near Puerto Cabello, Venezuela, May 25, 2020. China is evading U.S. sanctions and buying Iranian oil at a staggering rate, according to a new analysis highlighting Tehran’s transfer of billions in crude profits to its terrorist proxies, including the Palestinian militant group Hamas.
“The barbaric atrocity inflicted by Iran-backed Hamas on Oct. 7 has reignited the question of how to stop billions of petro-dollars flowing to the head of the snake in Tehran,” they wrote. The bipartisan advocacy group, which is based in New York, identified Syria and the United Arab Emirates as the second and third biggest buyers of Iranian crude. Syria bought an average of 119,527 bpd in October and the United Arab Emirates purchased an average of 123,091 bpd, according to UANI.
several reasons,” according to the CRS report, which suggested the Biden administration may be willingly turning a blind eye on China’s purchases of Iranian crude.
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