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Iran, Russia and the New Zealand insurer that kept their sanctioned oil flowing

Summary by Ground News
Last Christmas, the tanker Yug cruised out of the Chinese port of Qingdao after offloading 2 million barrels of sanctioned Iranian oil. Near the Arctic, a vessel carrying Russian crude churned through icy seas, bound for India. Six thousand miles away, a third ship unloaded its cargo of Iranian oil off the coast of Malaysia.

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Iran, Russia and the New Zealand insurer that kept their sanctioned oil flowing

·United Kingdom
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Reuters broke the news in United Kingdom on Tuesday, October 28, 2025.
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