A Shadow Fleet Smuggles Illicit Oil Across the High Seas. This Is How It Works.

Core Viewpoint - Russia, Iran, and Venezuela have accumulated a fleet of aging tankers to facilitate the global transportation of oil barrels [1] Group 1 - The collaboration among Russia, Iran, and Venezuela indicates a strategic move to enhance their oil export capabilities despite sanctions [1] - The aging condition of the tankers may pose challenges in terms of efficiency and safety in oil transportation [1] - This armada reflects the geopolitical dynamics in the oil market, where these countries are seeking to maintain their influence [1]