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Tag Page Sanctions

#Sanctions
Jerry Clark

How Oil Gets a Passport Makeover

Ever wondered how oil travels the world? Traders are giving Venezuelan oil a 'passport makeover,' slapping on a Brazilian label to sneak past U.S. sanctions. This shortcut lets Chinese buyers get cheaper oil faster, skipping the usual pit stops in Malaysia. It’s like rerouting your online shopping for a better deal—except it’s oil tankers dodging global rules. The takeaway: where there’s a will (and a profit), there’s always a way around the rules. #OilHacks #GlobalTrade #MoneyMoves #Sanctions #CoffeeBreakBiz #Business

How Oil Gets a Passport Makeover