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Myanmar Disguised Iranian Jet Fuel Purchases to Evade U.S. Sanctions: Report
Reuters found the junta used false diesel paperwork and a $26 million contract to hide Iranian jet fuel imports from sanctions.
Myanmar's military, through broker Dynamic Wave and Thailand's Tawan-Oil Trading, imported Iranian jet fuel disguised as South African diesel, Reuters reported Monday. The US-sanctioned tanker Reef delivered 113,000 barrels in December 2025 backed by falsified paperwork.
Following 2023 U.S. sanctions on Myanmar's jet-fuel industry, the junta implemented this deception to sustain air operations. Sanctions were imposed in response to the military's aerial assaults on civilians during an ongoing civil war.
Satellite analysis by SynMax Intelligence and shipping records reveal tanker Noble arrived June 17 carrying just under 200,000 barrels after masking its destination as Chittagong, Bangladesh. Both vessels loaded Iranian fuel at Bandar Abbas, per SynMax tracking.
Evidence obtained by activist group Justice for Myanmar includes a November 30 regulator letter authorizing Dynamic Wave to label deliveries "instead of jet fuel." Payments, including a $26 million contract, were processed through Siam Commercial Bank.
According to Reuters, shipments of Iranian fuel to Myanmar have continued throughout this year. Falsified paperwork and intermediary banking channels allow the military to maintain its fuel supply chain despite international sanctions and restrictions.