Bank Of Baku

China's oil imports from Iran drop by 30%

China
# 05 August 2025 14:23 (UTC +04:00)

China’s imports of Iranian crude contracted by almost a third last month, in part due to subdued demand from private refiners after they saw higher shipments in June, APA reports citing Bloomberg.

Purchases slowed to about 1.2 million barrels a day, almost 30% lower than in June, and narrowly below the year-ago figure, according to data from intelligence firm Kpler Ltd. Figures from Vortexa Ltd., another data provider, showed a similar decline for the month.

Note that China is considered a major buyer of Iranian oil.

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