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China’s Iranian crude imports remain in US firing line

Wednesday, June 13, 2012

China’s Iranian crude imports remain in US firing line


Washington has granted waivers to sanctions on Iranian oil imports to several countries, leaving China the only major oil importer subject to US penalties. Chinese oil giant Sinopec announced it will not raise imports in an effort to allay sanctions.

The US government added India, South Korea and four more nations to the list of countries exempt from the sanctions on Monday.

Ten EU nations and Japan were granted waivers in March to US financial penalties..... MORE

SourceRT.com

URL: http://www.rt.com/news/sanctions-iran-oil-imports-614/

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