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Iranian Oil Exports to China Rebound

Summary by Oil Price

Iranian crude oil flows to China have rebounded this month after a U.S. crackdown on shipments launched in late 2024 decimated them in January. In a last-minute push to sanction Iran, the Biden admin blacklisted a number of tankers, trading entities, and shipping companies as participants in sanctioned oil trade. The February average of Iranian oil exports to its biggest buyer is set to average 1.74 million barrels daily, according to preliminar…

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Oil Price

Iranian Oil Exports to China Rebound

4 days ago·London, United Kingdom

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Bloomberg

Oil Flows From Iran to China Jump as Traders Work Around Curbs

Oil flows from Iran to China rebounded this month after traders smoothed out logistical bottlenecks caused by tighter US curbs, enabling buyers in the largest importer to shift a backlog of cargoes.

4 days ago·United States

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Iran News Update

Iran Circumvents U.S. Sanctions to Boost Oil Exports to China - Iran News Update

Bloomberg News has reported a significant surge in Iran’s oil exports to China, as traders continue to bypass U.S. sanctions. According to industry sources, the increase is largely attributed to enhanced ship-to-ship oil transfers and the emergence of new, alternative terminals for receiving Iranian cargo. Record Surge in Iranian Oil Exports to China Preliminary data from Kepler Energy Information Administration indicates that Iran’s oil exports…

2 days ago

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