China Ramps Up Iranian Oil Intake After Getting New Import Quota

China’s independent oil refiners are boosting their intake of Iranian crude from onshore tanks and ships idling at sea after Beijing issued a fresh round of import quotas late last...

By Rong Wei Neo, Sarah Chen, Weilun Soon · Bloomberg Markets

China’s independent oil refiners are boosting their intake of Iranian crude from onshore tanks and ships idling at sea after Beijing issued a fresh round of import quotas late last month.