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Iran's Oil Trade with China Stalls as Tehran Demands Higher Prices

China's oil trade with Iran has stalled as Tehran withholds shipments and demands higher prices from its top client, tightening cheap supply for the world's biggest crude importer, refinery and trade sources said. The cutback in Iranian oil, which makes up some 10% of China's crude imports and hit a record in October, could support global prices and squeeze profits at Chinese refiners.
United States United Arab Emirates National Iranian Oil Co Us Treasury Department South American Iranian Light
Source: aawsat.com

Exclusive-Iran's oil trade with China stalls as Tehran demands higher prices

(Fixes spelling of 'shipments' in paragraph 3)By Chen Aizhu and Muyu XuSINGAPORE : China's oil trade with Iran has stalled as Tehran withholds shipments and demands higher prices from its top client, tightening cheap supply for the world's biggest crude importer, refinery and trade sources said.
United Arab Emirates United States Us Treasury Department National Iranian Oil Co South American Iranian Light

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