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.
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 .
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