How China's oil imports are helping Iran withstand sanctions - analysis
Beijing had received a shipment of nearly 2 million barrels of Iranian oil in the past week alone, in an effort to pressure Tehran back into the 2015 JCPOA.
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Beijing had received a shipment of nearly 2 million barrels of Iranian oil in the past week alone, in an effort to pressure Tehran back into the 2015 JCPOA.
SINGAPORE: China has received a new shipment of nearly 2 million barrels of Iranian oil in the past week at a southern port, according to shipping trackers, with one tracker saying the cargo is destined for state reserves.
A report shows China has received a new shipment of around 2 million barrels of Iranian crude.
China’s crude oil imports rose nearly 12% in May from a low base in a year earlier, although refiners were still battling high inventories with COVID-19 lockdowns and a slowing economy weighing on fuel demand last month. The world’s top crude oil buyer imported 45.83 million tonnes last month, data from the General Administration of ...
Xi Jinping now holds the better cards in steering the Moscow-Beijing relationship.