China’s Teapot Refiners Poised to Ramp Up Iranian Oil Buying

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Chinese independent refiners, known as teapots, are expected to increase their crude oil purchases from Iran amid historically low stockpiles in Shandong province. This trend comes amid ongoing Middle East conflict and fluctuating international oil prices.

🇨🇳 Location: Shandong — Sources: 6 — First seen: — Last seen:
China Iran oil teapot refiners crude oil Shandong

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