Marketplace.org | Using satellites to track Iran's oil shipments under sanctions Marketplace.org Now that American sanctions are in place against Iran's oil, how does the U.S. government know whether any smuggling is taking place? A second round of sanctions went into force Nov. 5 on Iran's oil, banking and shipping sectors. Top Iranian oil buyers ... US oil enters bear market Oil Teeters Near Record Losing Streak After Entering Bear Market US crude closes in bear market territory, settling at $60.67, down 21% from 52-week high |