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China shifts to Iranian tankers ahead of oil import ban

China, the largest importer of Iranian oil, has stated that it will not comply with U.S. demands to reduce its imports from the country ahead of the November deadline. The U.S. move has prompted other important like India, Japan, and South Korea to negotiate with Washington and make concessions, but China has maintained its stance that may bring additional U.S. sanctions. U.S. failure to ensure international compliance with its restrictions will limit the impact of its sanctions on Iran, but ongoing talks with other partners indicate efforts to shift purchasing and avoid U.S. sanctions. 

Source: China shifts to Iranian tankers ahead of oil import ban: report | Asia Times

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