The US Treasury Department sanctioned Omani oil broker Mahmood Rashid Amur al-Habsi and associated trading businesses for involvement in an “international oil smuggling network” that facilitates shipping Iranian oil to “buyers in East Asia” according to a statement on 13 August.

Recent months have seen China import implausibly-high volumes of crude from ‘Oman’ with a large portion of these volumes apparently of disguised Iranian origin (MEES, 25 June). (CONTINUED - 244 WORDS)