Saturday, June 23, 2012

China pumps Iran's oil harder as sanction shutdown looms

Jun 22, 2012 by RussiaToday

A day after Hillary Clinton declared that China appeared to be curbing its oil imports from Iran, new figures show that those imports are actually at record highs this year. Beijing imported almost 524,000 barrels per day, a 35% jump from the previous month. The rise comes even as the US has asked countries to cut oil imports from Iran and threatened to impose sanctions against financial institutions doing business with Iran's energy sector.

No comments:

Post a Comment