China doubled down on imports of Iranian and Venezuelan crude in 2021, taking the most from the U.S. sanctioned regimes in three years, as refiners br.
Chinese buyers, particularly private refiners, have benefited from Washington’s tough line on Iran and Venezuela, continuing to buy their oil long after others have ceased purchases.
China doubled down on imports of Iranian and Venezuelan crude in 2021, taking the most from the U.S. sanctioned regimes in three years, as refiners br.
China doubled down on imports of Iranian and Venezuelan crude in 2021, taking the most from the U.S.-sanctioned regimes in three years, as refiners brushed off the risk of penalties to scoop up cheap oil.