Tanker

China using Iranian tankers to circumvent US sanctions

According to Reuters, Chinese oil traders have started to switch their cargoes to ships owned by Iranian tanker shipping company NITC in an effort to ensure oil shipments despite the US sanctions.
Photo: Bloomberg
Photo: Bloomberg
by KATRINE GRØNVALD RAUN

Chinese oil traders look set to want to keep buying oil from Iran despite the US sanctions imposed on the country, reports Reuters.

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