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Iran Moves to Control Oil Terminals in China, Leak Shows

Confidential letters say Iranian officials bought terminals and storage sites to keep crude flowing to China as exports fell, despite U.S. sanctions.

Summary by Oil Price
Iran has been using oil terminals and storage facilities in China to ship its oil to its biggest buyer and keep sanctioned tankers operating despite the U.S. sanctions on Iranian oil exports, Iran International reported on Monday, citing top-level confidential correspondence of the former Iranian leaders.  Ali Shamkhani, who was a political adviser to the former supreme leader, Ali Khamenei, discussed in letters to Hamid Bovard, the former head …

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Oil Price broke the news in New York, United States on Monday, November 9, 2026.
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