1. Attempts to disguise Iranian crude as of Iraqi origin

    iol.co.za (Jul 20 2012)

    1. Obscure private firms are offering Iranian crude oil at steep discounts to European oil traders as Tehran seeks ways to restore oil export flows hit by Western sanctions. ||| By Jessica Donati LONDON - Obscure private firms are offering Iranian crude oil at steep discounts to European oil traders as Tehran seeks ways to restore oil export flows hit by Western sanctions. Traders who buy crude for European refineries say they are are getting daily calls offering Iranian crude, sometimes accompanied by the promise of fake paperwork to disguise it as oil from a different origin. Seeking to reverse a slump in ... (Read Full Article)

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