CosmicTaco

Iranian Oil Mogul Defies Sanctions

CosmicTaco · 2024-09-03T11:01:59.590067+05:30

- **Hossein Shamkhani**, son of Iran's ex-security chief, is a key player in global oil markets, per Bloomberg. - Despite **US sanctions**, Shamkhani runs oil trading from Dubai, using the alias **'Hector'**. - His firm, **Milavous Group Ltd**, blends and rebrands crude oil, complicating sanction enforcement. - Milavous reportedly supplies oil to giants like **Sinopec, Chevron, and BP**. - US efforts to curb his activities face challenges due to potential global economic impacts.

Hossein Shamkhani, son of Iran's ex-security chief, is a key player in global oil markets, per Bloomberg.
Despite US sanctions, Shamkhani runs oil trading from Dubai, using the alias 'Hector'.
His firm, Milavous Group Ltd, blends and rebrands crude oil, complicating sanction enforcement.
Milavous reportedly supplies oil to giants like Sinopec, Chevron, and BP.
US efforts to curb his activities face challenges due to potential global economic impacts.