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Reading: Iran Oil Sales Network Faces New Transparency Claims
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A graphic image shows oil barrels, U.S. dollars, a tanker and a flare tower with U.S. and Iranian flags in the background.
PhotoNews Pakistan > Business > Iran Oil Sales Network Faces New Transparency Claims
BusinessTop News

Iran Oil Sales Network Faces New Transparency Claims

Web Desk
By Web Desk Published September 18, 2026 3 Min Read
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A graphic image shows oil barrels, U.S. dollars and energy infrastructure against the backdrop of U.S. and Iranian flags.
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TEHRAN: Iran’s oil sales network faces renewed scrutiny after investigative journalist Yashar Soltani alleged that sanctions-era exports increasingly rely on opaque intermediaries outside the Petroleum Ministry’s traditional structures.

In an interview highlighted by IranWire on September 18, Soltani said Iran lacks clear answers about who sells its crude, who buys it, how payments return and who bears responsibility for unpaid revenue.

Soltani distinguished between oil “traders,” who arrange sales, and “trustees,” who move the resulting money through financial channels.

He acknowledged that sanctions can make intermediaries necessary. However, he argued that Iran lacks sufficient transparency in selecting them, providing financial guarantees and taking responsibility for returning proceeds.

That broader concern has surfaced elsewhere in Iran. Al Jazeera reported in February that Iranian officials and lawmakers were questioning

Iranian journalist Yashar Soltani says the government has transformed the oil-sales system into a security-driven operation, naming Hossein Shamkhani and Ruhollah Razavi as oil sellers and major debtors.
More: https://t.co/iSBrPH8Gu8 pic.twitter.com/y6c0jre3tg

— IranWire (@IranWireEnglish) September 18, 2026

Trustee networks after billions of dollars in oil proceeds failed to return. Former oil executive Ali Akbar Pour Ebrahim put the amount at as much as $11 billion.

More recently, Iran International showed officials raising concerns about crude allocations to private intermediaries who allegedly still owed money from previous transactions.

Soltani said he had identified roughly 1,600 people involved across Iran’s oil-sales and payment networks. That figure is his estimate and has not been independently verified.

Read: Iran War Economic Cost Estimated at $150bn for Arab States

He also alleged that four sellers gained about $1.5 billion through differences between market prices and discounted crude allocations.

Billions of dollars in oil revenue are missing from Iran’s coffers. At the center of the scandal are shadowy middlemen known as "trustees" who help Tehran sell oil, steel, petrochemicals, and other goods abroad while bypassing international sanctions.

But the middlemen Iran… pic.twitter.com/XcydcV9U4e

— Radio Free Europe/Radio Liberty (@RFERL) September 18, 2026

Read: Saudi Pipeline Outage Threatens 4% of Global Oil Supply

Soltani separately said an oil-sector oversight official told him that roughly 100 million barrels lacked a clear accounting entry showing their ultimate destination. He distinguished that oil from unsold crude or floating storage.

He named Hossein Shamkhani, son of former security official Ali Shamkhani, and Ruhollah Razavi while discussing alleged sellers and debtors.

Read: Fed Rate Hike Lifts Benchmark Range to 3.75%-4%

Soltani proposed placing oil sales under a specialised institution, strengthening vetting and payment guarantees, and creating clearer accountability for state oil income.

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