Hacker News with Generative AI: Oil Trade

Russia Is Using Bitcoin and Crypto for Its Oil Trades with China and India (bitcoinmagazine.com)
Amid ongoing sanctions over the war in Ukraine, Russia has turned to bitcoin and other cryptocurrencies to facilitate some of its oil trade with major buyers China and India.
Russia, Bitcoin, Cryptocurrency, Oil Trade, Geopolitics
18 points by RinTohsaka 20 days ago | 10 comments
How Iran moves sanctioned oil around the world (reuters.com)
Despite some of the West’s toughest sanctions, Iran has built a roaring global trade for its oil. It relies on a shadow fleet of tankers that conceal their activities to skirt sanctions, and willing buyers in Asia to keep its economy afloat and to finance anti-Western militias in the Middle East.
Iran, Oil Trade, Sanctions, Geopolitics, Middle East
9 points by petethomas 85 days ago | 0 comments