Panama key to Iran's sanctions-busting oil fleet, watchdog says

A British Royal Navy patrol vessel guards the oil supertanker Grace 1, that's on suspicion of carrying Iranian crude oil to Syria, as it sits anchored in waters of the British overseas territory of Gibraltar, historically claimed by Spain, July 4, 2019.
A British Royal Navy patrol vessel guards the oil supertanker Grace 1, that's on suspicion of carrying Iranian crude oil to Syria, as it sits anchored in waters of the British overseas territory of Gibraltar, historically claimed by Spain, July 4, 2019.

A US-based watchdog group on Thursday accused Panama of playing a key role in enabling sanctions evasion by Iranian oil tankers while Tehran’s oil ministry announced a significant rise in crude exports.