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Surging Chinese imports of Indonesia oil point to rebranded Iranian crude, traders say reut.rs/4r7Kx1z
Surging Chinese imports of Indonesia oil point to rebranded Iranian crude, traders say
China is importing unusually large quantities of crude oil from Indonesia, a trend traders say is a way to mask shipments of sanctioned Iranian crude trans-shipped in waters off Malaysia amid greater scrutiny of cargoes originating from Malaysia.
reut.rs
November 21, 2025 at 3:50 PM
Surging Chinese imports of Indonesia oil point to rebranded Iranian crude, traders say reut.rs/4r7Kx1z