China’s independent oil refiners have slashed operating rates to a nine-year low, highlighting the lingering impact of the US-Iran war on the leading importer of Tehran’s crude.
China’s independent oil refiners have slashed operating rates to a nine-year low, highlighting the lingering impact of the US-Iran war on the leading importer of Tehran’s crude.
Crude oil refinery in Nanjing, China. Photographer: HECTOR RETAMAL/AFP