China’s June Crude Imports Jump as Iranian and Saudi Volumes Surge

China Denies Report Saying It Transferred Air Defense Systems to Iran

The national flags of China and Iran fly in Tiananmen Square during Iranian President Ebrahim Raisi’s visit to Beijing, China, February 14, 2023. Photo: REUTERS/Thomas Peter China has denied transferring surface-to-air missile batteries to Iran as the Iranian regime seeks to rebuild its air defense systems, which were largely destroyed by Israel during their recent 12-day Middle Eastern conflict. Citing Arab sources, the Middle East Eye news out…

China’s June Crude Imports Jump as Iranian and Saudi Volumes Surge

China’s crude oil imports surged to 12.14 million barrels per day in June, marking a 7.4% year-on-year increase, driven by a sharp rise in deliveries from Saudi Arabia and Iran, Reuters reported on Monday. The spike reflects both restocking after refinery maintenance and opportunistic buying by independent refiners amid steep discounts on sanctioned barrels. According to China’s General Administration of Customs, cited by Reuters, total imports …

China’s Imports of Iran Crude at Three-Month High, Vortexa Says

China’s purchases of Iranian crude rose in June to the highest since March’s record levels, in part because of speedier loadings as sellers sought to avoid getting tangled in the country’s conflict with Israel, according to data from Vortexa Ltd.