​What Sanctions? China Imports Record Amount Of Iranian Oil – Tyler Durden

What Sanctions? China Imports Record Amount Of Iranian Oil China’s imports of Iranian oil are poised to reach a record 1.75m b/d this month, data from Kpler show. That will surpass the previous peak of 1.66m b/d set in October 2023, according to Kpler data that extends back to January 2013, and is almost 50% higher compared with 1.24m b/d last month. Shipments into Rizhao and Dalian significantly higher m/m, said Muyu Xu, an analyst with Kpler “Chinese teapots see refining margins slightly improving, they now have stronger motivation to ramp up production and therefore need more feedstock,” she said Flows into Lanqiao/Rizhao…  — Continue at ZeroHedge News : Read More