Iran's Ghost Fleet
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Iran's Ghost Fleet
Iran's ghost fleet refers to a network of oil tankers, shell companies, and covert logistical operations used by the Islamic Republic of Iran to secretly export oil in defiance of international sanctions, primarily those imposed by the United States. The fleet plays a central role in sustaining Iran’s sanctioned economy, particularly in funding the Islamic Revolutionary Guard Corps (IRGC) and its foreign operations. Background Following the re-imposition of U.S. sanctions after Washington’s 2018 withdrawal from the Joint Comprehensive Plan of Action (JCPOA), Iran turned to covert oil exports to maintain its revenues. With the formal energy sector increasingly isolated from global markets, Iran constructed a clandestine supply chain supported by hundreds of maritime vessels operating under false identities, with manipulated tracking systems and fraudulent documentation. Structure and operations The ghost fleet consists of vessels with obscured ownership, often registered unde ...
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Oil Tanker
An oil tanker, also known as a petroleum tanker, is a ship designed for the bulk cargo, bulk transport of petroleum, oil or its products. There are two basic types of oil tankers: crude tankers and product tankers. Crude tankers move large quantities of unrefined petroleum, crude oil from its point of extraction to oil refinery, refineries. Product tankers, generally much smaller, are designed to move refined products from refineries to points near consuming markets. Oil tankers are often classified by their size as well as their occupation. The size classes range from inland or coastal tankers of a few thousand metric tons of deadweight tonnage, deadweight (DWT) to ultra-large crude carriers (ULCCs) of . Tankers move approximately of oil every year.UNCTAD 2006, p. 4. Second only to pipeline transport, pipelines in terms of efficiency,Huber, 2001: 211. the average cost of transport of crude oil by tanker amounts to only US. Some specialized types of oil tankers have evolved. On ...
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Iraq
Iraq, officially the Republic of Iraq, is a country in West Asia. It is bordered by Saudi Arabia to Iraq–Saudi Arabia border, the south, Turkey to Iraq–Turkey border, the north, Iran to Iran–Iraq border, the east, the Persian Gulf and Kuwait to the Iraq–Kuwait border, southeast, Jordan to Iraq–Jordan border, the southwest, and Syria to Iraq–Syria border, the west. The country covers an area of and has Demographics of Iraq, a population of over 46 million, making it the List of countries by area, 58th largest country by area and the List of countries by population, 31st most populous in the world. Baghdad, home to over 8 million people, is the capital city and the List of largest cities of Iraq, largest in the country. Starting in the 6th millennium BC, the fertile plains between Iraq's Tigris and Euphrates rivers, referred to as Mesopotamia, fostered the rise of early cities, civilisations, and empires including Sumer, Akkadian Empire, Akkad, and Assyria. Known ...
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Oil Tankers
An oil tanker, also known as a petroleum tanker, is a ship designed for the bulk transport of oil or its products. There are two basic types of oil tankers: crude tankers and product tankers. Crude tankers move large quantities of unrefined crude oil from its point of extraction to refineries. Product tankers, generally much smaller, are designed to move refined products from refineries to points near consuming markets. Oil tankers are often classified by their size as well as their occupation. The size classes range from inland or coastal tankers of a few thousand metric tons of deadweight (DWT) to ultra-large crude carriers (ULCCs) of . Tankers move approximately of oil every year.UNCTAD 2006, p. 4. Second only to pipelines in terms of efficiency,Huber, 2001: 211. the average cost of transport of crude oil by tanker amounts to only US. Some specialized types of oil tankers have evolved. One of these is the naval replenishment oiler, a tanker which can fuel a moving vessel ...
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Oil Smuggling In Iran
Oil smuggling in Iran is driven by factors like international sanctions on Iranian crude and steep fuel price differences with neighboring countries. These conditions have spawned a thriving illicit trade in both crude oil and refined fuels. Smuggling operations range from small-scale overland fuel trafficking to sophisticated global schemes involving tanker fleets. Oil smuggling has economic impacts and geopolitical implications. Recent trends and statistics Despite U.S. sanctions, Iran's crude oil exports have surged in 2022-2023, largely through covert channels. Estimates by the U.S. Energy Information Administration (EIA) indicate Iran earned about $53–54 billion annually from oil exports in 2022 and 2023. Volume-wise, Iran's exports averaged roughly 1.4 million barrels per day in 2023, the highest since 2018. United Against Nuclear Iran (UANI), a monitoring group, tracked 533 million barrels exported in 2023, up 27% from 420 million in 2022. China is the dominant buyer ...
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