The Illicit Shipping Trade Hiding in Plain Sight

[@haldir3120]

'Illicit' because the US said so. This is not how international law works, Bloomberg.

[@wneo7]

Why run dark then? Why are these ships running without insurance, or AIS/SRS?

[@haldir3120]

@wneo7 does not matter to the question if this is illegal. But in practical terms: so the empire can not strike them for something it considers to be 'illicit'.

[@wneo7]

@@haldir3120 You were talking about "international law". The video makes it very clear that these are US sanctions and the ships were breaking US law. If these ships can simply ignore US law because it is not "international law," why are they running dark?

[@haldir3120]

@@wneo7 calling this illicit is the issue. It's like you drinking alcohol in the US and Saudi officials calling it an 'illicit' act. The jurisdiction of country is not world wide. And I answered your second question already.

[@wneo7]

@@haldir3120 People visiting Israel are usually advised to get a paper visa instead of a stamp on the passport because it might unnecessarily create issues while later entering countries like Iran. Why do you think this is? My country recognises Israel. It is not illegal in my country to visit Israel. Why then must I take this precaution? Why is Iran making it "illegal" for people of other countries to visit Israel? (I am not able to 100% confirm whether this is still an issue today but it definitely used to be an issue. I am nevertheless using as an example.) Iran does not recognise Israel, by the way.

[@grahamjacob97]

Tankers are designed to have a 25 year life based on typical fatigue rates and corrosion. They are required to have an out of water survey every 5 years during which they have some steelwork replaced and are repainted on the outside (I'm not close enough involved with this part of shipping to say in relation to the cargo and ballast tanks, although if plating is corroded it would need to be replaced and recoated). The antifouling has a 5 year life. Since they are required to be scrapped when they reach 25 years many vessels over 20 years old only have just enough maintenance to pass annual surveys. The sort of superficial corrosion seen on the Titan doesn't affect it's operations - it can be a strategic decision of what to maintain and what not to. Most people never see a VLCC and have no idea that these vessels are the reason they can afford to drive a car and have cheap plastic everything.

[@fabrifibraa]

this was a really educating insight, thanks for sharing

[@gabrielleyba2842]

by "illicit" bloomberg actually means "without US approval". remember, even a genocide is not "illicit" if approved by uncle sam

[@okwatever3582]

Well said. Ain’t need to mention Palestine’s

[@RobertFletcherOBE]

allot of these sanctions are based on international law that the majority of the worlds countries agreed upon. for instance allot of the dark oil trading going on oriented around Russian oil which is being sanctioned because they're invading another foreign country. I don't claim the sanctions are applied evenly, but Russia is breaking international law and being sanctioned. The big problem is that the USA tends to do what it wants and faces no such sanction. The sanction isn't the problem here, its the way they're applied.

[@gabrielleyba2842]

​@@RobertFletcherOBE I understand in your country it is forbidden to read books but at least try to inform yourself a little before spewing lies that aren't even yours to begin with. the very concept of sanctions is against international law, US sanctions freely because it is above the law thanks to its military and the dollar/SWIFT monopoly, hopefully not for long

[@spartand001]

ur mom lol

[@andrean2247]

​@@RobertFletcherOBE as long not UN sanction. Its not international

[@tylerk3616]

Imagine a country from halfway across the world coming into your waters telling you, you can’t do business with your neighbours.

[@brokentombot]

It's a sanction. It's literally words on paper that countries can respect or not. You act like the U.S. is actually over there trying to be mean. It's just words to try to get to an end without effort.

[@cbk666]

Yes, usa is the abuser

[@sqeekykleen49]

The United States loves to shove its Bloomberg and a few other appendages into foreign waters...

[@rhys5567]

Usa doesn't force countries. It will just sanction you. If you hang out with a friend who keeps punching me when my back is turned maybe I don't hang with you anymore.

[@knucklehead4787]

1 reason why singapore is so rich

[@Meandbroafter2]

Since the past 60 years India has been criticising Unilateral sanctions. One countries whims do not represent entire world.

[@thewolfofswingthat2035]

THIS the sanctions mentioned in the video are american sanctions, US person and company should comply with their government's demand. Not other countries.

[@yeetboi268]

India? The country full of corruptors?

[@Entertainment-]

@@thewolfofswingthat2035 Other countries don’t have to follow the sanctions if they give up their rights to use USD.

[@thomas316]

For as long as I can remember countries have been telling the US "You can't do this!" but they can because they are the centre of global finance and insurance. What's India going to do, underwrite insurance policies and finance their own ships? They won't do it, no one would even accept those policies as valid. You play by America's rules because you are playing their game, and it's the only game in town.

[@vinayravi9343]

​@@thomas316we'll I don't see USA being able to stop India and China. So same applies to USA.

[@theone8189]

China and Iran both have the right to their energy, food and financial security. 🧐

[@thecomment9489]

🤡🤡

[@zainalamarzainalabidin4368]

Re: China & food security - not at everyone elses expense - they've been busy raiding and wrecking fisheries across the global south, from SEA to India, Africa and even the Galapagos

[@LKH98]

@@Doran_Krotan yes they do devil

[@Jaden-wg1cj]

@@Doran_Krotanmfw i believe entire countries of people don't deserve basic essentials because their government runs on a different political system 🤯🤯🤯

[@SuhasMadhavraoChitnis]

But at cost of other neighbouring countries manipulation and threats of violence ??

[@p-2312-o2n]

Sanction harder so people will move away from the current system faster

[@effel63]

That’s the problem of international legislation: if you sanction to many ppl, they partner and eventually you get sanctioned 😂

[@potencjalnypracownik2966]

Leave West and move into Russia or China or Iran, go go go

[@maheshtamrakar7572]

😇🙄

[@AstuteRealm]

Bloomberg, tell us who really gets to make the rules here?

[@themiddle8979]

Some one who doesn’t like is or not very smart

[@andrean2247]

​@ray-mc-l so? Might is right?

[@themiddle8979]

@ so tell me how you think Russia feels about that statement? Can’t negotiate on behalf of the public if you don’t know who your interviewing is what Im saying

[@HughJanus-o3e]

This is Americas planet. We make the rules.

[@shahmahalkhan5768]

Malaysia should not get involved in matters in international waters, esp to get involved with sanctions by Usa. It's the USA s problem . When business is between two nations ,it's not our problem. Malaysia we have our own problem of a convicted criminal running our nation.

[@arc4055]

Man I like that people are absolutely hammering Bloomberg in the comments section.

[@andrean2247]

@@arc4055 people is not dumb, they just silent for looongg time. Until this decade.

[@seanwieland9763]

The battle is won when journalists are regarded with the same contempt as tobacco lobbyists. Both are peddlers of cancer.

[@Tinil0]

Because the average youtube commenter has literally 0 understanding of international law or maritime law.

[@seanwieland9763]

@ the corporate press is the enemy of the people. The battle is won when journalists are regarded with the same contempt as tobacco lobbyists - both are peddlers of cancer.

[@derikuk2967]

@@Tinil0 But they do apparently know more than you do about US/NATO thuggery and the "rules-based" system. Whose rules?

[@amateurgamer149]

Using Made In China DJI drones to investigate Chinese activities on international water. 😂😂

[@on__off2923]

🤣🤣

[@zack256300]

Indeed, 😅😅

[@thingexplainer]

Can we also sanction American oil because of how damaging fracking is to the environment?

[@nshs1234]

Sure let’s take 13% of world oil supply.. question is are you willing to pay 20-25% more at the gas station?

[@InternetExplorer-137x]

@@nshs1234 then why are you willing to pay 30-35% more by not allowing Iranian ,Russian and Venezuelan(biggest reserves in world) oil to hit the market , does environment comes after us sanctions

[@nshs1234]

@ we aren’t paying 30-35% compared to if we had allowed these sanctioned countries to sell oil in the market. Ever since the sanctions, US has increased the oil production to cover for the supply from these countries. US oil production has doubled in last 10 years and the increase is 2 times more than what Iran produces.

[@hadtosaythis]

@@nshs1234 oil would be cheaper without iranian sanctions... thats what you are saying?? lol

[@jefurihartono1630]

Yeah? More product in the market will decrease the price. You never study economy? ​@@hadtosaythis

[@imperatoraurelian4456]

The Myth of Consentual International Trade Iran: "I consent" China: "I consent" U.S.: "Isn't there someone you forgot to ask?"

[@dark6c159]

then why hide it?

[@YogeshShrestba]

Why need to ask US!!! 😂😂😂​@@dark6c159

[@henkjan673]

@@dark6c159 Because of Team America World Police probably. The US has a lot of firepower to enforce its rules in international waters, and enough firepower to keep most countries to say something about it.

[@fransliszt]

mald

[@LOKSTED]

To all the uneducated people just guessing why US sanction affect this oil trade. US Sanction apply to foreign firms that want to trade with the US. If you trade with Iran, you can't trade with the US. That's why they hide it

[@roshanjain147]

Nobody seems to care about America these days

[@nshs1234]

And yet here you are.. probably using an iPhone, an American designed product.. on KZbin, an American app… made possible by internet, an American invention.. 90% of the inventions that made your comment possible is American. Can I see your Arab phone or internet?

[@그냥내얘기연필심]

맞는말이야

[@ciybersal3499]

Report as misinformation. It's illicit from US perspective. By UN these sanctions are illegal

[@Western_Decline]

@@nshs1234that does not give Americans the right to invade countries and dictate the world order. We’re done with colonialism.

[@pedromorgan99]

@@Western_Decline and their "foreign-aid" budget ;-)

[@supergroovy8346]

Two legitimate countries trading goods. Why do they need someone elses permission.

[@SuhasMadhavraoChitnis]

Bcoz of environmental threat maintain since long , thereby market fragmentation of these nations leads to several other violations, trade, threats, violence, virus, criminilisation .

[@johanstjern4118]

Because Iran is sanctioned? You remember that detail where they have pledged to burn down western civilisation?

[@jitgtij]

@@SuhasMadhavraoChitnis what bs are you spouting? Care to elaborate?

[@theracer6882]

Because the trade is done in USD

[@naar7192]

🙈🙈🙈

[@MUHAMMADHAMZA-jy1lu]

Chinese Minister of Foreign Affairs is right. Their trade with Iran is Reasonable and Legal. Anything that the US doesn't like is illegal or illicit. Isn't it Hypocrite? Let the world live.

[@SVAFnemesis]

I care more about those oil spill than the so called "sanction".

[@deniszarubin2920]

Why do americans think anyone gives a F about their sanctions? It's not like the world's oil belong to them. And I agree that oil spills ARE the problem, not the virtual "sanctions".

[@wawrzynieckorzen78]

So convince China to properly insure them and ensure safety for that sea.

[@SVAFnemesis]

@@wawrzynieckorzen78 Okay let me talk to Xi, I'm sure he'll listen.

[@lolcatjunior]

Look up how much damage fracking does to the environment.

[@SuhasMadhavraoChitnis]

Sanction are controlling varients as one of the factor of oil spill.

[@wdp7128]

Iranian oil IS NOT sanctioned by United Nations. Thus it is not illegal to trade in it. Do kindly get YOUR FACTS right.

[@eunuseusuf]

Its quite fcuked up when they think they have right over others

[@dunravin]

Get your own facts right... Iran's petroleum industry is sanctioned under Executive Order 13902 of January 10, 2020 and Executive Order 13846 of August 6, 2018

[@sc1338]

If America says so it’s the law. Cry about it

[@wwbren]

It's 'illegal' because you say so? Ya sure.

[@YourAverageExJunkie]

I think that’s how laws work, someone says so

[@petervince167]

More propaganda from uncle sam and his minions in the media.

[@vivavivo5071]

What do you expect, (90% ?) of the world news is provided by uncle Sam. It's very obvious how media framing is being delivered.

[@forplay2706]

There is nothing wrong here, Bloomberg should've focused on why US sanctioned Iran and Venezuelan oil, It's purely out of their own criminal western self-interest, the US must just learn to stay out of people's business.

[@Snakebloke]

Communist bot spotted!

[@on__off2923]

i've always doubted if this annoys just me...they're too intrusive!!

[@gk.4102]

Why did they titled it "illicit"? Who decides when something is illicit? Bloomberg? USA?

[@user-McGiver]

international law... you can google the word ''law'' since you don't understand it..!

[@haldir3120]

​@@user-McGiverbig mouth being wrong as usual. The video itself is saying these are not UN sanctions but unilateral US measures.

[@gk.4102]

@@user-McGiver Can you show me where international law says that oil trade and oil transfer between ships on International waters are illicit?

[@lmaourmum3444]

@@user-McGiverand who made the so called “law”?

[@freefree1219]

Laws of the pirates

[@tengchuankhoo6585]

Would not US support for a criminal state carrying out genocide be more important

[@mustafarahjoe4543]

For everyone who says, "Freedom this, freedom that," there are consequences or it is against the law. No, if the transfer is based on an agreement between the two parties and shouldn't be considered piracy, there is no maritime rule that states that moving commodities and oil from one ship to another is unlawful.

[@jodyjemane8541]

Call it the BRICS fleet! It’s a new day…sorry Bloomberg!😂😂

[@SuhasMadhavraoChitnis]

Nope BRICS HAS NO VALUE AS DE DOLLARISATION FAILED BY THEMSELVES AS UNLEASH SANCTIONS😂😂

[@wasimshaikh1665]

Before sanction London used to be biggest insurance market after sanction lot of insurance companies emerged in Dubai and other places. The reason they don't know if a ship has insurance is because they don't have access to this data.

[@vicndeches]

This is so western..illegal because they are not using their insurance companies and not buying their oil😅😅

[@BIBIWCICC]

Just because America pressures the world to carry out sanctions doesn’t mean anyone has to take notice of America! 😂😂😂😂😂

[@supergroovy8346]

Asia is sick and tired of the western superior attitude.

[@HanSolo__]

I like that Russia finały is a purely Asian country. Not European.

[@andrean2247]

@@HanSolo__ europe dont want them, asia welcome them with open arm. In fact asia is welcoming everybody.

[@derikuk2967]

Asia is the future. The West is in its death throes.

[@hclau218]

How is it "illegal"? Bcos USA says so? Such arrogance and such hegemonic behaviour! Shameful lout.

[@112food]

USA is the only reason the global economy flows if not the USA backed rebel groups would hurt the global supply chain

[@HughJanus-o3e]

If you don’t like it, you can leave our planet. The USA owns Earth. You’re welcome.

[@wildcatdan5072]

Almost all of the countries involved have laws against it, so I'm not sure why people are acting like this is just a US issue.

[@shin4655]

Now I know why China is so passionate on the South China Sea ...

[@cristinaximera9663]

No you don't.

[@downtomars6268]

South China Sea has consistently been connected to China since time. The US is the one that recently became militarily imposing on the South China Sea and apparently has restrictions on freedom of navigation in this part of the world.

[@SuhasMadhavraoChitnis]

More you will see about illicit bank network defalcation

[@PrintScreen.]

@@downtomars6268 No lol, South China Sea belongs to all the other Asian countries. the Nine/Eleven-dash line is utter non sense and should never be entertained.

[@SomeoneFromBeijing]

If it's sanctioned by the US and not by anyone else, it's really not "illicit". China sanctions a few US companies too, is it "illicit trade" when the EU trades with these US companies? US laws are NOT international laws.

[@Rekceir]

as an American who is against a lot of our rivals like Iran, Russia, and China's governments i agree with this. It's all just competition every one is fighting to make them and their allies stronger and weaken the enemy. If it was the other way around and America was the underdog we would be doing the same thing. Nothing is immoral about this except for maybe the risk of oil spills lol. That being said I'm an American so I want this to stop just like our enemies would want if it was the other way around

[@SomeoneFromBeijing]

@ As someone who agree with most (but not all) US sanctions, I think the right approach is to build a larger coalition instead of treating US sanctions as international law. I don't hate the US, I'm disappointed by it.

[@RitwickChatterjee14]

You cannot sanction on the sales of some country's natural resources to another consumer country, just because you want your sales and revenue to go up😂🤣 That's called "Bullying in Plain Sight". The more you try to put restrictions and sanctions on someone's own property, the more you encourage such revolt, risks and backchannel dealings. Prove this illicit dealing in the court of trade laws. Then document about it and then comment about it. China is world's largest manufacturing hub, second most populated country with a potential of huge growth - they need energy to sustain their growth and security for their own citizens

[@sapbwguru]

It's funny how West thinks that they're the only one right

[@rockyr2991]

Even i sanctioned Bloomberg but here is KZbin still allowing it to upload videos. You know why? Because KZbin has its own laws!

[@deniszarubin2920]

Yeah, Bloomberg under my sanctions, we need to cut this flow of bs!

[@pedroguedes278]

One correction, venezuelan crude oil was cut off the market because of their own obsolance capacity to produce one barrel more than 400k/day at maximum and optmistic scenario. They're already off the market

[@AngelLopez-hc2df]

International waters Mind your business. All these Karen's

[@buffalo182]

Loved her deciding the vessel was "poorly maintained" from a hundred metres away lol

[@SunnahLife-w5l]

Hey some more usa propaganda

[@huntermansuper6243]

True.. I think all over the world already know this.. Im sick of this propoganda

[@kevink3688]

Where there is a will, and a powerful state backing you, there is a way.

[@iggy5347]

Remove sanction then there is no dark fleet

[@andrean2247]

@@iggy5347 there is no dark fleet. Those ships insured in china/india. Those become dark fleet to US because not abiding US law. Which is not an international law, they enforce it a la imperialist.

[@jamesrobinson9176]

Sorry just cuz a boat is 20 years old doesn't really mean much. There's much more to it than using old tankers. Seems like you're missing the point

[@dennvincentvaldez6768]

Why would you label the Philippines as "SOUTH CHINA SEA" ????????????????!!!

[@andrean2247]

Because it is

[@TK-hr4vh]

Yes

[@SuhasMadhavraoChitnis]

China wants all ocean seas as their control of trade as other neighbours are puppet😂😂😂

[@akhileshap9439]

Just because the US said no, doesn't make it illegal. This is oil, not drugs.

[@y.u.so.]

How Europe funded Russia's flower showers on Ukraine! According to CREA Finland September 2024 report: LNG: The EU was the largest buyer, purchasing 49% of Russia’s LNG exports, followed by China (22%) and Japan (18%). Crude oil: China has bought 47% of Russia’s crude exports, followed by India (37%), the EU (7%), and Turkey (6%). Pipeline gas: The EU was the largest buyer, purchasing 40% of Russia’s pipeline gas, followed by China (28%) and Turkey (25%). Hungary was the largest importer of Russian fossil fuels within the EU, importing fossil fuels worth EUR 340 mn. Their September imports included crude oil via pipeline valued at EUR 156 mn and gas valued at EUR 184 mn. Italy, the second-largest buyer within the EU, imported Russian pipeline gas valued at EUR 281 mn. France, the third-largest buyer within the EU, exclusively imported LNG worth EUR 264 mn. Slovakia imported pipeline oil and gas worth EUR 58 mn and EUR 93 mn, respectively. The Czech Republic exclusively imported pipeline oil and gas worth EUR 90 mn and EUR 55 mn, respectively. Luckily, with the money from France and Western Alliance, Russia buys flowers to shower on Ukraine unlike India's money, which is used to buy weapons for Russia's war machine

[@HanSolo__]

The thing is not to cut Russian oil and gas, it's about Russia not getting money from it. The EU buys zero oil and gas from Russia regardless. The Russian pipeline to Czech Rep. Slovakia and Hungary has not worked for almost half a year. The Ukrainians cut it off. Only Japan is buying Russian LNG and Turkey is buying Russian oil.

[@y.u.so.]

@@HanSolo__ yeah, the Finn's are lying.

[@d-godfather]

SG is practically the oil hub in Asia...

[@operationscomputer1478]

8:51 both those ships are light load - far from full of cargo.

[@paulmuindiwilliam2945]

Your enemy is not my enemy.

[@sandeepvenugopal1586]

It is called the Dark Fleet cause of sanctions from the US. I am a former seafarer who spent a lot of time in the Oil transport in some of these newly sanctioned countries. The only people we dealt with were Americans or British folk in those countries back then. I call it a farce, this is a world of opportunities, let everyone thrive!

[@ngqongqozamasibi9939]

Who are you to tell other people how to trade. You really think the world care's anymore about your thoughts.

[@GotKimchi]

I don't see you telling them to reverse course. Who are you to tell them no

[@autox7612]

Usa reading the comment section and realised the whole world really look down at them and see them as a world dictator

[@Dxeus]

"Illicit" who the "_F" you think you are?

[@blueguitar4419]

All ships have watchstanders whose job it is to look for strange boats and people approaching the ship. This is part of the expected part of ships safety. The journalists should not be surprised about this.

[@thomas316]

Hang on, these ships are outside territorial water, uninsured and carrying an illegal cargo? All I'm saying is that if I were a pirate I'd go after these ones. What are they going to do, phone coast guard and tell them someone has stolen the oil they were carrying from Iran? No one will complain or ever mention this again.

[@nulnoh219]

You wanna steal from Putin? Or Iran?

[@andrean2247]

You will meet PMC onboard, then nobody will bats an eye when you dead there.

[@felibubbletea]

Great idea, send a strike group, those vessels need FREEDOM!

[@PrintScreen.]

@@andrean2247 then just bring an appropriate force the security is guaranteed to be lacking at the start anyway since they've got away with it for decades

[@andrean2247]

@@PrintScreen. You using full military to raid ship in open sea? Pirates eh? Ahoy And the others also sent forces. 2 can play

[@fallinloveatfirstdream4222]

I don't comprehend anything at all! Bloomberg is who? Where will Asians purchase oil? Or not? I feel horrible when I see such ridiculous news.🙄🙄

[@alecdebekker6185]

Even if Malaysia or Singapore are going to enforce the sanctions, the boats can just transfer oil somewhere else?

[@jacekicksass]

lol... Illicit according to who? Basically, what are you going to do about it? nothing

[@shigai9727]

So you are using a Chinese drone to harm Chinese interest huh?

[@alianpedia]

Ukraine also using Chinese drone but always talking 💩 about them.

[@mersingjohor2826]

What we seeing is ships mating. Just nature. Nothing illegal about that. - Oil companies.

[@John_Smith_86]

Why would Malaysia (or Singapore) be in charge of preventing such smuggling when it is in international waters? It should obviously be the job of Europe or America, if anybody

[@SuhasMadhavraoChitnis]

They didn't knew this upto 2019 till panic pandemic hit home job assistance as unleash economy of trade .

[@soloist7880]

"Might is right" America has the might , so when it says something illegal it is illegal even it is wrong, rules don't apply to the strong economic military nations that's the harshest reality in today's international geopolitics.

[@e_valley2707]

Re: Environment - yup, complain to your government in the US to stop the extortion that sanctions are.

[@repbacchista]

Yankees are just making fools of themselves at this point. Let the rest of the world be.

[@roystonpereira2887]

The west created this problem 🤷🏽‍♂️

[@SuhasMadhavraoChitnis]

No they were having indigenous resources of their own , they simply want accordance UN CHARTER SWISS GENEVA CONVENTION PACT

[@ska5568]

*SANCTIONS BY THE WEST IS NOT UN SANCTIONS!! NOBODY SHOULD BOTHER ABOUT SANCTIONS BY THE WEST!!*

[@Curt_Sampson]

Nobody need bother about sanctions by the West, or the U.S. Just don't trade with the West (or U.S.) and there will be no issues. The U.S. is not forcing any country to trade with it; the U.S. simply has the freedom to decide who to trade with and under what conditions, just as every other country does.

[@DavidSeto-i2q]

Us sauctions is not international law. US law does not extend to other countries.

[@calvin5429]

Classic Bloomberg video. US sanction doesnt mean the world need to follow. Get that out of your head. If that "dark fleet" was serious enough, you would have died in international waters.

[@SuhasMadhavraoChitnis]

They use word DARK bcoz of oil manipulation and control agenda of indigenous supply resources as competition force.

[@SuhasMadhavraoChitnis]

How oil gets black ? Think?

[@jitgtij]

@@SuhasMadhavraoChitnis what are you talking about? "How oil gets black ?" --- really that is your question. You don't you THINK and elaborate.

[@dduay]

Sanction oil, said who?

[@p-2312-o2n]

🦅

[@jitgtij]

@@p-2312-o2n That is the bird that saved Trump from an internal enemy.

[@p-2312-o2n]

@@jitgtij It's the bird behind most of modern conflicts both internal and external. What do you mean by it saving Trump though

[@jitgtij]

@@p-2312-o2n "It's the bird behind most of modern conflicts" --what are you even talking about?

[@markmuteti9578]

Brandon 😂

[@Popescu789]

This documentary was approved by USA

[@charlcoetzee93]

I can hear a South African accent from a mile away

[@soheil_kh1353]

As an Iranian maritime student , I really want to work on a tanker ship , but I get worried when I realize Iran does such risky and illegal things like this , wish us luck

What propaganda! Iran Oil is sanctioned by the US, not by the entire world. So If it is illegal to sell to the US, it is still legal to sell it anywhere else except the US.

[@jackbal7623]

The world should sanction US and British ships because I say so. I expect every country to abide by my santions or I will get very mad and call Bloomberg to make a video.

[@donderstorm1845]

isn't it crazy that one country can just tell the world they're not allowed to trade with iran? lol

[@your_boi_junior4531]

2 years later nothing hasnt changed, Times are changing but for the worse yikes

[@BangBangBang.]

"It's old and rusty" US flagged Jones Act ships are just in poor conditions. I could drop ship names

[@metanews7656]

Who sanctioned the oil and do they have any authority to sanction it?

[@ronnycook3569]

The removal of sanctions on Iran in 2015 was done in trade for Iran dropping their nuclear program. The program was resumed after the US unilaterally dropped from the treaty and reimposed sanctions; Iran is now again working on nuclear weapons capability. The other signatories stuck to the treaty, at least initially. I'm not sure that the tradeoff was worthwhile. Certain, at this point, Iran has no reason to believe that the US will abide by any deal to have sanctions dropped in return for dropping their nuclear program, so they no longer have any incentive to drop that program. As such, we're now seeing progress towards yet another potentially hostile power being nuclear armed. China and Iran are both breaking the sanctions, but neither is actually a party to them and it's VERY easy to argue that the USA is the villain in this story; they made a deal and broke it. Considering Trump's historical fondness for ignoring the half of a deal that is not in his favour (see: his treatment of contractors, and of cities indirectly bankrolling his rallies) this perhaps should not be surprising.

[@on__off2923]

who makes the laws if we're talking about international waters here...and is it because the US isn't involved hence you match it "illicit" ? The caption would have been less annoying if they strike off the word "illicit"

[@luci75d76]

Sanctions won’t do nothing as long there is people who want to buy cheap Which law can say is not allow to transfer oil in international waters ?

[@chinesetalks]

The reason why they do this is not sanctions. The reason is that those people want to do business with the US while breaking US law, aka sanctuons. If you want to do business with the US, then yes, you need to follow these sanctions

[@matsforsberg6287]

What do u think when USA are responsible. People need to live. USA only loose control.

[@2BrothersGaming-f3f]

What is the time have come nobody can sales its natural or mineral resources without the permission of west.

[@Skeleman]

"Sanctioned" implying that some global org like the UN made it illegal. Other countries don't have to follow US laws. There are reasons to criticize China but a Chinese company in another country not following US laws is insane.

[@JoaoLopes-y8s]

All I see is a win win situation for the superpowers here. China and all the countries buying the illicit oil get for a cheaper price the same commodity. USA get to impose a harsher environment for trade on its enemies. And all those USA enemies get to sell their oil for lower prices than market rates, ultimately getting less money for it...

[@bjorncarlson2580]

As a former commercial fisherman. Random female journalists do not understand anything.

[@dunia566]

so dropping depleted uranium on civilians is not environmental catastrophe..

[@axelaaronccasanihuachua9073]

".... there are very few incentives for China to actively enforce US sanctions .... "

[@allykhan8594]

Well! Don't sanction it then.

[@bentonx9063]

the comments mostly agree, Iran and China are both independent and on DC's bad list , just bc they are buying and selling oil in dollars it is illicit , they are 2 nations indepedent of the US in Malaysia also an independent nation doing business. the petro dollar lives.

[@SuhasMadhavraoChitnis]

Yah petro dollars aren't effective due to cross_ trade issues, presumably a reason of illicit oil trade.

[@andrean2247]

@@bentonx9063 its petro-yuan, no dollar is used on those transaction.

[@AnkitKumar-dl2oo]

Most of the insurance company are western. As an Indian there is nothing wrong here. I don't know why they try to paint this as a bad thing. Modt of those oil goes to developing countries with poor population. If poor countries get their energy supply in reasonable rate then there is no harm done.

[@bicin4k]

Ahh yes another non-sensical issue meanwhile we have like 5 active wars going on.

[@Yutani_Crayven]

Yes, funded by oil from sanctioned countries, which is being traded by the fleets shown in this video

[@abdullahiabdullahi2046]

ILLICIT ACTORS and it's just a buyer and a seller from two "sovereign" nations conducting a consensual transaction. Where do you get this audacity from?

[@Paul-e9x4h]

Setiap fase yang disebut sebagai masa sulit itu harus dimasukkan dalam perhatian khusus agar fokus terhadap hal hal yang terkadang lolos dari jangkauan observasi menjadi lebih terlihat jelas . Tanpa hal yang seperti ini kekecewaan terkadang menjadi hal yang sering muncul atas jangkauan jamgkauan yang tidak populer

[@BhaskarRoy-t4w]

Why doesn't Bloomberg cover Gaza genocide too???

[@alexshi9320]

Sanctioned to do trade by who? How is this even illegal. It's like a bully saying hey you guys can't hang out because I don't want you to be friends.

[@joze2003]

Win-win for China and Iran. I fail to see the problem.

[@happymelon7129]

To improve the air quality , China has planted over 66 billion trees as part of its Great Green Wall project, which is the world's largest afforestation project: The Great Green Wall. But ... 🤣 2022-7-20 BBC: China is destroying the desert environment by planting trees in the desert . 😂 I am too s____ to understand BBC logic. Also known as the Three-North Shelterbelt Forest Programme, this project began in 1978 and is expected to be completed in 2050. The project's goals include: Slowing desertification in northern China Increasing forest cover from 5% to 15% Stabilizing water resources Absorbing carbon dioxide Providing local people with resources like timber and fruit .

[@happymelon7129]

The IEA says China has hit peak oil - Oil markets face enormous glut. International Energy Agency : from now to 2030, China's renewable energy installed capacity is expected to account for nearly 60% of the world's total installed capacity. By 2030, China will have more than half of the world's renewable energy ， and China’s solar energy output is equal to the entire nation’s consumption in the U$.

[@deniszarubin2920]

Pause on 1:10, while they are saying "How big this phenomenon is..." and find Waldo. Of course it's big, if you copy same images over and over again.