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The Persian Gulf country’s oil exports climbed to about 1.3 million barrels a day in November, and last month held near the highest in four years. Much of it appears to be going to China, and the surge is offering solace to both Tehran and a global market fretting over the prospect of sanctions squeezing Russian supply.

Iran Oil Exports To China Surge

The Persian Gulf country’s oil exports climbed to about 1.3 million barrels a day in November, and last month held near the highest in four years. Much of it appears to be going to China, and the surge is offering solace to both Tehran and a global market fretting over the prospect of sanctions squeezing Russian supply.

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