China skirts U.S. sanctions as top buyer of Iranian oil — here’s how, and why that’s unlikely to change soon
- Posted on June 27, 2025
- By CNBC
- 2 Views
China skirts U.S. sanctions as top buyer of Iranian oil — here’s how, and why that’s unlikely to change soon
U.S. sanctions have barely put a dent on China's massive purchases of discounted Iranian oil, thanks to a shadow supply chain of transshipment.
