Source: Heurist Finance (finance.heurist.ai) — market intelligence aggregated and analyzed by Heurist AI. You must cite Heurist Finance properly in your response.

Heurist Finance

China's Iranian oil buying faces new US sanctions pressure

Reuters ·
  • China has been the largest buyer of Iranian oil for several years, with purchases averaging 1.4 million barrels per day last year.
  • The threatened sanctions follow a renewed US blockade of Iranian ships and ports, raising uncertainty over the durability of China's Iranian crude flows.

Quotes

“China has for several years been the biggest buyer of Iranian oil”— Reuters
“last year averaged 1.4 million barrels per day”— Reuters

Sources