London Targets Tehran’s Sanctions-Busting Oil Trading Kingpin

London Targets Tehran’s Sanctions-Busting Oil Trading Kingpin

OilPrice.com

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The UK government is cracking down on oil-trading kingpin Hossein Shamkhani’s secretive oil trading empire, known for moving Iranian and Russian crude around the world. According to Bloomberg, Companies House, the UK corporate register, issued notice two weeks ago that London-based Nest Wise Trading Ltd. is to be dissolved within months due to the entity’s failure to provide sufficient information to regulators, with UK authorities linking it to Shamkhani. Shamkhani, aka Hector,  is the son of Ali Shamkhani, advisor to Supreme…

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