The World News AM
Saturday, May 10, 2025
  • Login
  • Home
  • World
    • Asia
    • South Asia
      • Afghanistan
      • Pakistan
      • India
      • Sri Lanka
    • Central Asia
      • Azerbaijan
      • Kazakhstan
      • Russia
      • Tajikistan
      • Turkmenistan
      • Uzbekistan
    • East Asia
      • China
      • Japan
      • South Korea
    • SouthEastAsia
      • Indonesia
      • Malaysia
      • Thailand
      • Vietnam
    • Africa
      • Ethiopia
      • Ghana
      • Libya
      • Zimbabwe
    • Europe
      • France
      • Italy
      • Germany
      • Spain
      • Sweden
      • Switzerland
      • Turkiye
      • Ukraine
      • United Kingdom
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Argentina
      • Brazil
    • Oceania
      • Australia
      • New Zeland
  • Gulf
    • UAE
    • Iran
    • Kuwait
    • Oman
    • Qatar
    • Bahrain
  • Articles
  • Business
  • Sports
  • Health
  • Entertainment
  • Contact Us
  • About Us
No Result
View All Result
  • Home
  • World
    • Asia
    • South Asia
      • Afghanistan
      • Pakistan
      • India
      • Sri Lanka
    • Central Asia
      • Azerbaijan
      • Kazakhstan
      • Russia
      • Tajikistan
      • Turkmenistan
      • Uzbekistan
    • East Asia
      • China
      • Japan
      • South Korea
    • SouthEastAsia
      • Indonesia
      • Malaysia
      • Thailand
      • Vietnam
    • Africa
      • Ethiopia
      • Ghana
      • Libya
      • Zimbabwe
    • Europe
      • France
      • Italy
      • Germany
      • Spain
      • Sweden
      • Switzerland
      • Turkiye
      • Ukraine
      • United Kingdom
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Argentina
      • Brazil
    • Oceania
      • Australia
      • New Zeland
  • Gulf
    • UAE
    • Iran
    • Kuwait
    • Oman
    • Qatar
    • Bahrain
  • Articles
  • Business
  • Sports
  • Health
  • Entertainment
  • Contact Us
  • About Us
No Result
View All Result
The World News AM
No Result
View All Result
Home Iran

Sanctions tangling, not stopping China’s Iran oil trade

WNAM: by WNAM:
March 10, 2025
in Iran
0
Sanctions tangling, not stopping China’s Iran oil trade
0
SHARES
9
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

TEHRAN ( WNAM MONITORING): A Western media report has said that the newly intensified sanctions against Iran are not going to stop Iranian oil exports to China but they are just squeezing the trade.

Successive rounds of sanctions on companies and tankers said to be aiding Tehran are finally slowing the flow of Iranian oil to China, as costs rise and more traders are compelled to engage in risky efforts to circumvent US measures, Bloomberg reported.

In recent weeks, shipments have been disrupted by a spate of seller defaults, according to executives at Chinese private refineries, the buyers of most of Tehran’s cargoes. While they said no specific reason was provided, they blamed logistical challenges and higher expenses snarling the supply chain.

Some Iranian tankers have been sanctioned en route to their destination, the executives said, adding to the disarray. They asked not to identified as the discussions are private.

Trade with China, by far its largest oil buyer, has long been a financial lifeline for Tehran, and one that Washington has increasingly been focused on severing. After the latest rounds of sanctions on tankers, owners, brokers and traders, the US blacklist now covers more than two-thirds of the approximately 150 vessels that handled the shipments of Iranian crude in 2024, according to data analytics firm Kpler.

China does not recognize unilateral sanctions and has repeatedly defended its right to trade with Iran. But the realities of the vast US financial system mean ports and shipping companies with links outside the mainland are reluctant to risk dealing with sanctioned entities and vessels, especially as US President Donald Trump promises tougher enforcement.

Earlier this year, Shandong Port Group — which serves a province that is a hub for private refiners — urged operators to reject blacklisted tankers.

ShareTweetShare
WNAM:

WNAM:

Related Posts

Defense Ministry equipment aligned with modern warfare needs

Defense Ministry equipment aligned with modern warfare needs

by WNAM:
May 10, 2025
0

TEHRAN ( WNAM MONITORING ): Major General Mohammad Bagheri says Iran’s defense equipment is designed to meet the demands of...

Iran FM Araghchi to visit S Arabia, Qatar next week

Iran FM Araghchi to visit S Arabia, Qatar next week

by WNAM:
May 9, 2025
0

WNAM REPORT: The spokesperson of the Iranian Ministry of Foreign Affairs has said Foreign Minister Abbas Araghchi will visit Saudi...

Pakistan downs 25 Israeli-made drones, 12 Indian UAVs

Pakistan downs 25 Israeli-made drones, 12 Indian UAVs

by WNAM:
May 9, 2025
0

TEHRAN :  The Pakistani army announced it has shot down 12 Indian drones and 25 Israeli-made UAVs over the past...

Iran urges restraint as FM Araghchi arrives in India

Iran urges restraint as FM Araghchi arrives in India

by WNAM:
May 8, 2025
0

WNAM REPORT: Upon arriving in New Delhi, Iranian Foreign Minister Abbas Araghchi expressed hope that India and Pakistan will show...

36th Tehran International Book Fair opens

36th Tehran International Book Fair opens

by WNAM:
May 8, 2025
0

TEHRAN ( WNAM MONITORING ): The 36th edition of the Tehran International Book Fair opened on Wednesday morning.  With the...

Next Post
Việt Nam’s trade surplus hits $1.47 billion in first two months

Việt Nam's trade surplus hits $1.47 billion in first two months

Pakistan, Afghanistan border forces agree to temporary ceasefire at key border crossing

Pakistan, Afghanistan border forces agree to temporary ceasefire at key border crossing

  • Home
  • World
  • Gulf
  • Articles
  • Business
  • Sports
  • Health
  • Entertainment
  • Contact Us
  • About Us

© 2023 The World News AM - Develope and maintain by Skyhost.

No Result
View All Result
  • Home
  • World
    • Asia
    • South Asia
      • Afghanistan
      • Pakistan
      • India
      • Sri Lanka
    • Central Asia
      • Azerbaijan
      • Kazakhstan
      • Russia
      • Tajikistan
      • Turkmenistan
      • Uzbekistan
    • East Asia
      • China
      • Japan
      • South Korea
    • SouthEastAsia
      • Indonesia
      • Malaysia
      • Thailand
      • Vietnam
    • Africa
      • Ethiopia
      • Ghana
      • Libya
      • Zimbabwe
    • Europe
      • France
      • Italy
      • Germany
      • Spain
      • Sweden
      • Switzerland
      • Turkiye
      • Ukraine
      • United Kingdom
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Argentina
      • Brazil
    • Oceania
      • Australia
      • New Zeland
  • Gulf
    • UAE
    • Iran
    • Kuwait
    • Oman
    • Qatar
    • Bahrain
  • Articles
  • Business
  • Sports
  • Health
  • Entertainment
  • Contact Us
  • About Us

© 2023 The World News AM - Develope and maintain by Skyhost.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In