Beijing Joins Iran to Exploit Middle East Oil Routes
The Chinese Communist Party (CCP) is using Iran to tighten its grip on the Middle East's major oil ...
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The Chinese Communist Party (CCP) is using Iran to tighten its grip on the Middle East's major oil ...
China is projected to import 1.1 million barrels per day of Russian oil brought by sea, according to data from Vortexa Analytics cited by Reuters.
China is projected to import 1.1 million barrels per day of Russian oil brought by sea, according to data from Vortexa Analytics cited by Reuters.
After easing up on Iranian oil somewhat in favor of heavily discounted Russian crude, China is now set to receive nearly two million barrels of Iranian oil
China’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 world’s largest ...