Bloomberg reported that successive rounds of sanctions on companies and companies that are said to help in Tehran ultimately slow the flow of Iranian oil to China, with high costs and more merchants are forced to engage in risky efforts to circumvent US measures.
In recent weeks, shipments have been disrupted by a series of failure to pay, according to executives in Chinese private refineries, buying most of Tehran’s shipments. While they said there was no specific cause, he blamed logistical challenges and higher expenses in the supply chain.
Executive officials said that some Iranian carriers had been punished on their way to their destination, adding chaos. They asked not to know that the discussions are special.
Trading with China has always been the largest oil buyer, a long -term financial lifeline for Tehran, and Washington has been increasingly focused on the pieces. After the last rounds of sanctions on carriers, owners, brokers and merchants, the American blacklist now covers more than two -thirds of about 150 ships dealing with Iranian crude shipments in 2024, according to the KPLER data analysis company.
China does not recognize the unilateral sanctions and has repeatedly defended its right to trade with Iran. But the facts of the wide American financial system mean that the ports and shipping companies that have ties outside the mainland are hesitant to risk dealing with the approved entities and ships, especially since US President Donald Trump is with more strict enforcement.
Earlier this year, the Shandong Port Group – which serves a province and a special refiner center – urged operators to reject the tankers listed in the black list.
MNA
