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China's Iranian oil imports ease on poor margins, lure of Russian oil | Hellenic Shipping News Worldwide

Chinaโ€™s Iranian oil imports in April came off peak volumes seen in late 2021 and early 2022 as demand from independent refiners weakened after COVID-19 lockdowns pummelled fuel margins and on growing imports of lower-priced Russian oil. The easing of Iranian oil purchases, which still make up some 7% of imports by the worldโ€™s largest ...
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