Reported about 17 hours ago
Sanctions targeting companies and tankers helping Iran have begun to slow the flow of Iranian oil to China, increasing costs and complicating logistics for traders attempting to bypass U.S. measures. However, while disruptions have occurred and operational challenges have multiplied, the overall trade continues, with Chinese imports from Iran recently reaching a four-month high. Analysts note that despite sanctions, there remains an adaptable market, highlighting that some leakage in trade is inevitable under such restrictions.
Source: YAHOO