Global Analysis from the European Perspective. Preparing for the world of tomorrow

China’s oil imports from Iran jump 21% before US waiver removal

China’s crude imports from Iran jumped by a fifth last month before the US removed sanction waivers on oil purchases from the Middle Eastern country, Financial Times calculations show.  Data from China’s General Administration of Customs show the country imported 3.24m tonnes of crude from Iran in April, a year-on-year rise of 21 per cent. The figure soared 46 per cent in April from March. Source: Financial Times

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