{
  "id": 2365676,
  "title": "Iranian oil offers to Chinese buyers fall as US blockade bites",
  "url": "https://urgent.news/2026/08/21/iranian-oil-offers-to-chinese-buyers-fall-as-us-blockade-bites-2365676",
  "topic": "world",
  "section": "World",
  "published": "2026-08-21T11:00:38.000Z",
  "source": {
    "name": "The Jakarta Post",
    "slug": "the-jakarta-post",
    "url": "https://www.thejakartapost.com/business/2026/08/21/iranian-oil-offers-to-chinese-buyers-fall-as-us-blockade-bites.html"
  },
  "original_language": "en",
  "account": null,
  "summary": "The US has reimposed its blockade of Iran's shipping and ports following the breakdown of a ceasefire deal, aiming to halt oil sales and cut off Tehran's primary source of hard currency. This blockade has led to a decline in offers of Iranian crude to Chinese buyers, with prices jumping as the threat of more sanctions looms. As a result, Chinese teapots, or independent refiners, are now looking beyond Iran and Russia for feedstock, with some shifting to Brazil's Lapa crude and Iraq's Basrah crude.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}