7. China, which buys a fifth of Iran's oil, is sending an envoy to Tehran for talks aimed at ending a nuclear standoff. U.S. and European Union sanctions to get Iran to stop its uranium enrichment efforts are squeezing the economy and making it harder for other countries to ...
China, Iran’s top oil customer, buys roughly 650,000 barrels a day of crude oil from Tehran, or 7 percent of China’s total crude oil imports. At current market rates, the imports are worth some $15 billion a year. State energy firms CNPC and Sinopec have invested billions of dollars...
A number of countries imposed sanctions on Iran's oil,starting with a U.S. and EU ban in 2011, because of its nuclear program, but that didn't stop China from buying oil from Iran via "all sort of clandestine means," she added. "So I don't think they're really bothered by ins...
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Well before the Saudi Arabia-Iran deal, China had already established itself as a vital partner to countries in the Middle East. China is the top trading partner of Saudi Arabia and Iran and is the biggest buyer of oil from the two nations. In recent years, it has further cemented these...
China will cut the retail prices of both gasoline and diesel for the fourth time this year from Friday due to a drop in global oil prices, the country's top economic planner said Thursday. China to expand public hospital reform China will expand reform within the country's public hospitals ...
Hong Kong—Saudi Arabia supplied 3.27 million mt (774,767 b/d) of crude oil to China in May, up 83.8% from 1.78 million mt supplied in the previous month and double the volume supplied a year earlier, according to figures released by Chinese General Administration of Customs. 年份: 2008 ...
For example, oil, Saudi Arabia, Iran, Russia and other major oil producers and exporters of oil and natural gas production are monopolized by the state. Let us not point to the anti monopoly targets in these areas. We have the basis of soybean and rare earth. The main monopolist of iron...
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Losing that supply will tighten the market somewhat in China, which buys about 70% of global seaborne iron ore. In other words, the absence of Ukrainian cargoes isn’t as big a deal for iron ore as is the loss of Russian crude for the oil market, but it does matter and is bull...