China imported Iranian crude oil in July for the second month since a U.S. sanct...
Similar to June imports, it’s unclear how much of the July shipments has been sold to buyers or stored in bonded storage tanks and yet to clear customs. Some 20 million barrels of Iranian oil appeared stranded at the northeastern port of Dalian after moved into bonded tanks since late last year.
Asked if it was among buyers of Iranian oil, Sinopec declined comment. CNPC did not respond to a request for comment. In July, Washington sanctioned state-run Chinese oil trader Zhuhai Zhenrong Co for allegedly violating restrictions imposed on Iran’s oil sector.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
When It Comes To Oil Prices Today, It's China, China, ChinaThe oil market moves today based on President Trump's tweets about trade negotiations and China's responses to U. S. actions.
Read more »
South China Sea: Vietnam Has A Smart Strategy To Stop ChinaWhile the Philippines President Rodrigo Duterte isn't prepared to stop Beijing, Vietnam – which also claims parts of the waterway – seems to be.
Read more »
U.S. labeling China a currency manipulator is groundless, China FX regulatorThe United States' labeling of China as a currency manipulator has no groun...
Read more »
Joe Biden and Kamala Harris were top targets of misinformation around July primary debates, report saysThe falsehoods identified by VineSight were not run-of-the-mill social media jabs, but high-performing tweets that passed a certain threshold for virality.
Read more »
China's July exports seen falling again, import slump to deepen: Reuters pollChina's exports probably fell for a second successive month while imports l...
Read more »
Why It's So Disturbing That July Was The Hottest Month EverJuly is always a hot one in the northern hemisphere, but last month was especially warm, with a number of European countries seeing the mercury reach new heights.
Read more »