<a href="https://www.axs.com/events/1378827/the-journal-live-tickets?_gl=1*cwrp3h*_gcl_au*MTI3MTEyNzIwOC4xNzczMzM4NzQy">Get your tickets to our L.A. live show here!</a>In the first Trump administration, the U.S. launched a “maximum pressure” campaign to cut Iranian oil from the global market and eliminate Tehran’s biggest source of revenue. Today, Iran sells billions of dollars’ worth of oil every month via a <a href="https://www.wsj.com/world/middle-east/how-china-helped-iran-cushion-the-blow-of-sanctions-and-fund-its-war-machine-6fa2847d?mod=WSJ_TJPOD">shadow fleet</a> of ships that have been passing through the Strait of Hormuz. WSJ’s <a href="https://www.wsj.com/news/author/rory-jones">Rory Jones</a> takes us inside Iran’s underground network for shipping, processing and selling oil in China. <a href="https://www.wsj.com/news/author/ryan-knutson?mod=WSJ_TJPOD">Ryan Knutson</a> hosts. 
Further Listening: 
- <a href="https://open.spotify.com/episode/4xKv62KpWFH7vEcdVEHwsU?si=ef46121dc3a94af9">How Iran's Regime Changed... for the Worse</a>
- <a href="https://open.spotify.com/episode/4Uqec88Jw1rPbJ3xxWois3?si=3fcbe872e4a94ea5">The Strait of Hormuz Showdown</a>
- <a href="https://open.spotify.com/episode/0mBzqhEvTrs6LAEiddLgdl?si=509df45081b845b2">In Iran, an Uneasy Calm Amid a Cease-Fire</a>
Sign up for WSJ’s free <a href="https://www.wsj.com/newsletters/whats-news?mod=WSJ_TJPOD">What’s News newsletter</a>.
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