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China state refiners considering resuming Iran oil imports, sources say
China's major state-owned refiners, Sinopec and PetroChina, are exploring a return to purchasing Iranian oil after a U.S. waiver, marking a potential shift since 2019. Despite this, industry sources suggest interest may be tempered by ample alternative supplies and weakening domestic fuel demand. The complex logistics of banking, insurance, and shipping are also being scrutinized before any deals are finalized.
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thehindubusinessline.com
Asian refiners see little room for Iranian oil, leaving China as key buyer after US waiver
Asian refiners are hesitant to buy Iranian oil, leaving China as the primary buyer amid U.S. sanctions relief.
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timesofindia.indiatimes.com
Will Asia return to Iranian oil? Tehran races to secure largest oil importers after US waiver, says report
Iran has stepped up efforts to attract some of Asia’s biggest oil buyers after a 60-day US sanctions waiver took effect, creating a temporary opening for Tehran to resume exports…
