U.S. Sanction Threat Prompts Iran Tankers to Go Dark

Tankers carrying Iranian crude to China are turning off their trackers, Kpler has reported, as cited by Bloomberg, as the threat of new U.S. sanctions looms large despite ongoing nuclear deal negotiations. “Ship-to-ship transfers have been used to mask the origin of those cargoes,” a Kpler analyst told the publication.

“Now they’re switching signals off for longer, so that it’s now even harder to trace those flows back to the source, which is Iran,” Muyu Xu also said. The U.S. State Department earlier this month…