Readily available Iranian oil for Chinese buyers is “rapidly running out,” suggesting the US port blockade is effectively choking off Tehran’s revenue. The development increases supply tightness risk in Iranian-related crude flows to China, with potential knock-on effects for broader energy pricing.
Readily available Iranian oil for Chinese buyers is “rapidly running out,” suggesting the US port blockade is effectively choking off Tehran’s revenue. The development increases supply tightness risk in Iranian-related crude flows to China, with potential knock-on effects for broader energy pricing.
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