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Sanctioned oil piling up off China as Covid-19 outbreak worsens

April 07, 2022 7:45 AM

BEIJING (BLOOMBERG) – Tankers carrying 22 million barrels of Russian, Iranian and Venezuelan oil are piling up off China, according to data analytics specialist Kpler, as the country battles a Covid-19 outbreak that’s sapping demand and causing logistics problems.

Source : https://www.straitstimes.com/business/economy/sanctioned-oil-piling-up-off-china-as-covid-19-outbreak-worsens

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