China restarts purchases of Iranian Oil
China is continuing to buy oil from Iran, as the Chinese oil tanker, 'PACIFIC BRAVO' loaded approximately 2 million barrels of Iranian oil over the past few days.
Iran Press/Asia: On the same day that Iranian foreign minister, Mohammad Javad Zarif traveled to Beijing for talks on regional and international issues, the Chinese oil tanker, PACIFIC BRAVO began traveling eastward, having loaded approximately 2 million barrels of Iranian oil from the Soroosh and Kharg terminals in the Persian Gulf over the past few days.
According to analysis provided by 'TankerTrackers.com', PACIFIC BRAVO is the first major tanker to load Iranian crude after the Trump administration revoked waivers permitting the purchases by eight of Iran’s oil customers, Bourseandbazaar Web Site reported.
China is the ultimate destination for the oil on board.
China is one of the five remaining parties to the Iran nuclear deal, in addition to Britain, France, Germany and Russia. It is also a major importer of Iranian crude oil and a permanent member of the UN Security Council. 105/207