Iranian ‘Ghost Armada’ Ferries $22 Billion Worth of Illicit Oil to China

Assessment: Biden admin turns blind eye to Iran’s sanctioned oil trade … Iran’s fleet of “ghost ships” has ferried at least $22 billion worth of illicit oil to China since 2021, providing the hardline regime with a major source of revenue and raising questions about the Biden administration’s lax enforcement of sanctions. In the first three months of 2022 alone, Iran shipped an average of 829,260 barrels of oil per day to China, according to new