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China Customs Gap Hints at Iranian Crude Oil Labeled as Indonesian
China is importing much more crude oil declared as Indonesian than Indonesia says it is exporting, customs data from both countries show. Chinese customs figures released this week show 9,81 million metric tons of crude listed as coming from Indonesia ...
U.S. President Donald Trump speaks to reporters aboard Air Force One on a flight back to Washington March 15, 2026. REUTERS/Kevin Lamarque
President Donald Trump on Sunday called on China and several European nations to join a U.S.-led military coalition aimed at forcing Iran to reopen the Strait of Hormuz, the strategic waterway that carries roughly a fifth of the world’s oil supply. The demand, which appeared ...
China Customs Gap Hints at Iranian Crude Oil Labeled as Indonesian
China is importing much more crude oil declared as Indonesian than Indonesia says it is exporting, customs data from both countries show. Chinese customs figures released this week show 9,81 million metric tons of crude listed as coming from Indonesia ...