Brisk Oil Trade with Iran

Today’s Wall Street Journal (20 May 2010) contains a story about an oil tanker named ‘Front Page’ leaving the port of Fujairah to go to another UAE Port and thence to Saudi Arabia but making a stop in Iran to take on a supply of oil.

It all seems legal but trade sanctions proposed by the UN and the USA have led many countries to keep quiet about their trading business with Iran.

Link to the story:
Oil Trade With Iran Thrives, Discreetly, WSJ, 20 May 2010.

Geoff Pound

Connect with Geoff Pound on Facebook, Twitter or at geoffpound(at)gmail.com

Image: Trip tracking of the oil tanker (Courtesy of the WSJ)