Saeed Ghasseminejad | Senior Iran and Financial Economics AdvisorMatthew Zweig | Senior Fellow
China is believed to have resumed importing oil from Iran despite an abrupt halt following the United States’ revocation of sanctions waivers, Bourse & Bazar reported today. The report said a company that tracks tankers had noted that a vessel believed to be heading for China is carrying 2 million barrels of Iranian crude oil. The tanker began its journey the same day that Foreign Minister Mohammad Javad Zarif arrived in Beijing for talks on “regional and international issues.” Beijing has long been Tehran’s largest oil customer.
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