Chinese Refiners Increase Iraqi Oil Purchases Amid Persian Gulf Threats

Chinese refiners have significantly increased their acquisition of Iraqi crude oil, demonstrating the resilience of oil exports from the Persian Gulf despite ongoing threats to shipping in the region.

20 Aug, 02:50 — 20 Aug, 02:50

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bloombergHigh5d ago

Chinese Refiners Snap Up Iraqi Oil as More Supplies Exit Hormuz

Chinese refiners have snapped up Iraqi crude as more barrels exit the Persian Gulf, underscoring the resilience of oil exports from the region despite persistent threats to shipping.

By Yongchang Chin, Serene Cheong and Rong Wei Neo

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Chinese Refiners Increase Iraqi Oil Purchases Amid Persian Gulf Threats

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Chinese Refiners Snap Up Iraqi Oil as More Supplies Exit Hormuz

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