- Small tankers and ship-to-ship transfers are being used to keep the flow of Russian oil to China steady, Bloomberg reported this week, citing sources from the brokering industry.
- The change is a result of reprioritization among buyers as shipowners avoid loading Russian oil because of Western sanctions.
- The ship-to-ship transfer tactic was and probably is still being used by Iran to ship its oil abroad—to China again—to avoid stifling U.S. sanctions on its oil industry.
Here’s How Russian Crude Is Finding Its Way To Customers
