China's July crude imports from Iran hold at elevated volumes
China's crude imports from Iran expanded 40.6 percent in July from a year ago, customs data showed on Thursday, as Tehran's largest oil client stayed with the elevated shipment levels that began late last year. China began stepping up purchases from the OPEC member after a preliminary nuclear deal in November of last year eased some sanctions on Iran. China has been making up the main portion of Asia's higher Iranian oil imports since then. Top state refiner Sinopec Corp has been lifting more Iranian oil this year partly because it is ...
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