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News X

Asia’s Oil Imports From Iran Double Y-o-Y

Oil

Imports of Iranian oil by China, India, Japan and South Korea in December increased by 949K b/d (or 101%) y-o-y to 1.9M b/d, Reuters reports, citing government and tanker tracking data. However, in m-o-m terms imports slipped for a second-consecutive month, falling 55K b/d from November.