CosmicTaco
CosmicTaco

Iranian Oil Mogul Defies Sanctions

  • 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.
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