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UK Moves to Shut Down London Firm in Iran Oil Kingpin's Network

By Yahoo! Finance   |   Sep 16, 2024 at 04:33 AM EST
UK Moves to Shut Down London Firm in Iran Oil Kingpin's Network

The UK government is targeting an oil trading empire linked to Hossein Shamkhani for moving Iranian and Russian crude globally. Companies House warned Nest Wise Trading Ltd. to provide required information or face dissolution. Washington and London are also cracking down on entities suspected of bypassing oil-trading restrictions.

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