China Takes Delivery of Large Shipment of Iranian Crude: Report
News - Middle East: A large shipment of Iranian crude has been delivered to China, according to a report and amid statements by Iranian government authorities insisting that exports to China have been robust despite claims that increased Russian supply of crude to China has affected Iranian shipments.
The Wednesday report by Reuters news agency said that China had taken delivery of 260,000 tons (nearly 2 million barrels) of Iranian crude in the past week at its southern port of Zhanjiang.
The report cited data by shipping tracking specialist Vortexa Analytics as well as an anti-Iran group based in the United States which tracks cases of US sanctions violations.
Iran’s supply of crude to China started to jump to record levels of above 1 million barrels per day (bpd) in the second half of 2021 despite a regime of American sanctions that ban purchases of Iranian oil for entities and governments that have interests in the US.
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