Oil Market News, OPEC+, sanctions and price shocks

Welcome to the Precious Metals Bug Forums

Welcome to the PMBug forums - a watering hole for folks interested in gold, silver, precious metals, sound money, investing, market and economic news, central bank monetary policies, politics and more.

Why not register an account and join the discussions? When you register an account and log in, you may enjoy additional benefits including no Google ads, market data/charts, access to trade/barter with the community and much more. Registering an account is free - you have nothing to lose!

 

 
 

 

 

The Illicit Shipping Trade Hiding in Plain Sight​

Dec 4, 2024

An armada of vessels operating near Asia’s maritime thoroughfares moves hundreds of millions of barrels of sanctioned oil. Called the “dark fleet,” the ships also risk environmental catastrophe.
Just outside the reach of Malaysia’s coast guard and without formal oversight, oil is being transferred from one vessel to another in open waters, risking spills and lives while increasing geopolitical tensions.


14:40

00:00:00 An Armada of Tankers
00:01:24 The Pablo Disastre
00:03:10 The Flotilla
00:03:50 Sanctioned Oil
00:05:23 The Trip
00:07:05 Building the Algorithm
00:08:08 Discovering a Ship-To-Ship Transfer
00:10:40 The Environmental Dangers
00:11:02 Enforcing Sanctions
 
 
Back
Top Bottom