More Russian oil going east squeezes Iranian crude sales to China
Bozorgmehr Sharafedin, Florence Tan and Chen Aizhu - Reuters
May 19, 2022
Who was cited:
Dr Iman Nasseri, Managing Director - Middle East FGE
Iran's crude exports to China have fallen sharply since the start of the Ukraine war as Beijing favoured heavily discounted Russian barrels, leaving almost 40 million barrels of Iranian oil stored on tankers at sea in Asia and seeking buyers.