Urgent.News

What's breaking now, across thousands of outlets.

Editions

More in Finance & Markets

China’s Teapots Look Beyond Iranian Oil amid U.S. Blockade

China’s refiners have imported lower volumes of Iranian crude in August compared to July as the U.S. blockade reinstated in mid-July is squeezing crude supply to Iran’s top oil customer.

  • China's oil imports from Iran drop 35% in August
  • U.S. blockade forces Chinese refineries to seek alternatives
  • Russian and fuel oil options explored by Chinese "teapots"

More from Friday 21 August →