China plans to resume purchases of Iranian oil next week

111978

The head of the Iranian-Chinese Chamber of Commerce, Asadollah Asgaroladi, in an interview with the Iranian news agency, said that China intends to resume purchases of oil from Iran starting from the next week. He also noted that due to the solution of problems with the delivery of Iranian goods to the country, transactions with Iran will be resumed by the Chinese bank from December 2. In December, another Chinese bank will also be able to settle accounts with Iran. Earlier, before the introduction of US sanctions against Iran in early November, China’s state-owned companies stopped buying Iranian oil. However, as the media later reported, Washington allowed China to buy Iranian oil for 6 months, setting a certain amount of its purchases.

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