Iranian Oil Supply to China Is Rapidly Drying Up | HappeningNow.news

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Iranian Oil Supply to China Is Rapidly Drying Up

Iranian crude oil cargoes for Chinese buyers have almost vanished after the U.S.

Source OilPrice AI Summary Updated 54m ago
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Read time 1 min ~37 words

AI Summary

Iranian crude oil cargoes for Chinese buyers have almost vanished after the U.S. reinstated its blockade on Iran’s oil exports, prompting independent Chinese refiners—the largest purchasers of Iranian crude—to seek alternative supplies as early as next month.

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