
China Imports Oil Doctored to Skirt U.S. Sanctions on Venezuela – “Spoofing and Doping” have a new meaning
It may be the oil market’s worst-kept secret: millions of barrels of Venezuelan heavy crude, embargoed by the U.S., have been surreptitiously going to China. The cat-and-mouse games that avoid detection and sanctions include ship-to-ship transfers, […]