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Strong Chinese Demand Keeps Iranian Oil Flowing

Summary by AGBI
1.8m bpd of crude exported Chinese refiners are main buyers Iran exempt from Opec+ cuts Iran’s refining facilities and oil storage did not sustain any damage from Israel’s strikes on Friday, according to the National Iranian Oil Refining and Distribution Company. Israel targeted its nuclear facilities, ballistic missile factories and military commanders at the start of what it warned would be a prolonged operation to prevent Tehran from building…
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At the dawn of Friday, Israel launched a large-scale attack on Iran, involving nuclear facilities, ballistic missile factories, and military commanders, at the beginning of which it warned that it would be a lengthy process to prevent Tehran from manufacturing a nuclear weapon. Iranian media and witnesses reported explosions, including at the Natanz main uranium enrichment facility, while Israel declared an emergency in case of rocket strikes an…

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صحيفة الاقتصادية broke the news in on Friday, June 13, 2025.
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