Reuters: Iran, Russia and the New Zealand Insurer That Kept Sanctioned Oil Flowing

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Insurance Journal - Oct 28, 2025

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 …...

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