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Brazil's President Luiz Inacio Lula da Silva after his victory in the presidential runoff election, Sao Paulo, Brazil. REUTERS/Amanda Perobelli
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Vessels in the Strait of Hormuz near the beach of Bandar Abbas, Iran. Amirhosein Khorgooi/ISNA/via WANA (West Asia News Agency) via REUTERS
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In December 2025, the US-sanctioned tanker Reef arrived in Myanmar waters with some 113,000 barrels of fuel backed by sham paperwork.
Myanmar-based energy broker Dynamic Wave ordered the shipment, agreeing in a sales contract inked with Thailand’s Tawan-Oil Trading to supposedly take delivery of a similar amount of South African diesel. But the $15.8 million agreement, which Reuters viewed, was a charade: there was no such trade between South Africa and Myanmar in 2025, according to data from the United Nations and Vortexa, a shipping and energy data provider.
In reality, Reef carried jet fuel from Iran to Myanmar, according to records of fuel shipments to Myanmar, as well as satellite images and analysis by SynMax Intelligence, which tracked the tanker’s journey from the Iranian port of Bandar Abbas to Southeast Asia.
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The painting "Iris, 1924-1925" by French painter Claude Monet ahead of the auction at Sotheby's auction house in Paris. REUTERS/Abdul Saboor
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Claude Monet's "Iris" was sold for €50 million ($56.05 million), becoming the most expensive work of art sold at auction in France, Sotheby's said.
The painting, completed toward the end of Monet's life, attracted frantic bidding with six people battling it out for 45 minutes for the piece, before the final two continued to scrabble for a further 20 minutes.
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