China's crude oil futures boom amid looming Iran sanctions
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Article by:
Henning Gloystein, Meng Meng
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Date Published:
May 14, 2018
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Who was cited:
Fereidun Fesharaki, Chairman FGE
A U.S. decision to reimpose sanctions on Iran is supporting China’s newly established crude oil futures, and may spur efforts to start trading oil in yuan rather than dollars, traders and analysts said.
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