Here read how iran oil is going to china 20million barrels a month
Oil tankers able to haul at least 20 million barrels of Iranian crude signaled for China in July, highlighting one of the challenges the U.S. and Europe face as they pressure the Persian Gulf state over its nuclear program.
At least 10 very large crude carriers controlled by Tehran- based NITC signaled for ports in the world’s largest energy consuming nation this month, according to IHS Inc. (IHS) data compiled by Bloomberg. Each has the capacity to carry about 2 million barrels. Six signaled they were sailing to China today, adding to four that did so July 3, marking the largest monthly tally since Bloomberg began compiling snapshots of the company’s fleet in April. The latest delivery will be Aug. 20.