China continued Iran oil imports in July in teeth of U.S. sanctions: analysts

8/8/2019

Imports are continuing at a precarious moment in U.S.-China relations: The flow is hampering U.S. efforts to choke off oil exports vital to Iran through sanctions as tensions rise in U.S.-China trade dispute casting a pall over the global economy. WTI Crude is up 2.35% to $52.29; Brent is up to $57.19 this morning.

Source: Reuters.com - Image: Stringer

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