Asian imports of Iran oil in May hit highest level in 2015
An oil refinery is seen in Shanghai. Imports by Iran’s four biggest oil buyers – China, India, Japan and South Korea – totalled 1.2mn bpd last month, down 1.9% from a year ago and the highest since 1.21mn bpd in December, government and tanker-tracking data showed. Asian imports of Iranian crude rose to the highest level this year in May, although buyers may have to curb any further increases if negotiators up against a deadline fail to reach a final deal on Tehran’s disputed nuclear programme. A deal between Iran and six world powers would ...
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