"Iranian crude has nowhere else to go, so China has been quietly buying it at a 20%-30% discount," a market

"Iranian crude has nowhere else to go, so China has been quietly buying it at a 20%-30% discount," a market source in Japan said. "This is partly responsible for the downward pressure on Shanghai crude oil prices.” In early 2021 Iranian imports hit record.
asia.nikkei.com/Business/Marke… https://t.co/ZGyetPQFyR

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