A $15.8 million shipment described as South African diesel was actually Iranian jet fuel delivered to Myanmar, according to newly examined contracts, government correspondence and shipping evidence revealing how the country's military government concealed fuel purchases despite U.S. sanctions.
The tanker Reef arrived in Myanmar waters in December 2025 carrying approximately 113,000 barrels of aviation fuel loaded at Iran's Bandar Abbas port. Yet the paperwork identified the cargo as diesel purchased by Myanmar-based energy broker Dynamic Wave from Thailand's Tawan-Oil Trading, a Reuters investigation published Monday found.