Country: Indonesia
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A crude oil tanker berths at the crude oil terminal at the port in Qingdao, in China’s eastern Shandong province on March 19, 2026. (Photo by CN-STR / AFP)
China, the world's top crude importer, has been the main buyer of oil from OPEC producer Iran in recent years, but will face competition and higher prices after the U.S. issued a 30-day sanctions waiver on Iranian oil. Beijing, which has also been ...
