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Iran cashes in on Trump's war via Chinese oil scam

Source: economist.com

Iran is earning huge profits by selling oil to China despite American sanctions during Donald Trump's war.
Tehran ships over 1.5 million barrels a day to China, disguised as Malaysian oil, generating $50 billion yearly.
This cash flow strengthens Iran's military and proxies, complicating US efforts to isolate the regime.

The article reveals how Iran is turning Donald Trump's war into a financial windfall by ramping up covert oil sales to China. Key players include Iran's state oil firm, Chinese refiners buying the cheap crude, and shadowy shippers relabeling the oil's origin. The core finding is that sanctions are failing spectacularly, letting Iran fund its war machine. It matters because this undercuts Western strategy, boosts Iran's resilience, and risks escalating global energy tensions.