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How Son Of Iran's Ayatollah Khamenei's Advisor Became An Oil Tycoon

How Son Of Iran's Ayatollah Khamenei's Advisor Became An Oil Tycoon

NDTV
Tuesday, September 03, 2024 04:18:09 AM UTC

Despite stringent US sanctions targeting Iranian and Russian oil, Shamkhani has managed to run international oil trading operations from the heart of Dubai.

Hossein Shamkhani, the son of Iran's former national security chief, has emerged as a major player in the global oil market, a Bloomberg report says. Despite stringent US sanctions targeting Iranian and Russian oil, Shamkhani has managed to run international oil trading operations from the heart of Dubai.

Shamkhani's rise to prominence is inextricably linked to his father, Ali Shamkhani, a key figure in Iran's defence and security apparatus. Ali Shamkhani, who served as the Secretary of Iran's Supreme National Security Council (SNSC) for nearly a decade, continues to hold sway as an advisor to Supreme Leader Ayatollah Ali Khamenei. 

While the elder Shamkhani has maintained a formidable presence in Iran's political landscape, his son has quietly built a business empire that now commands significant influence in global energy markets.

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