More Russian oil going east squeezes Iranian crude sales to China
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Article by:
Bozorgmehr Sharafedin, Florence Tan and Chen Aizhu - Reuters
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Date Published:
May 19, 2022
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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.
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