China’s 13.6% dependence on Tehran’s oil

China’s 13.6% dependence on Tehran’s oil

According to data received from tanker trackers, China imported an average of 1.38 million barrels of oil per day from Iran in the first half of 2025, equivalent to more than 13.6 percent of the country's total oil imports.

Fear and flight of giant oil tankers from the Strait of Hormuz

Fear and flight of giant oil tankers from the Strait of Hormuz

Following the escalation of tensions between Iran and the United States, two super-heavy oil tankers named Coswisdom Lake and South Loyalty, each with a capacity to carry 2 million barrels of crude oil, changed their course near the Strait of Hormuz and retreated south.

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Gas consumption increases at the end of the week

Gas consumption increases at the end of the week

The Deputy Minister of Oil for Gas Affairs said: "According to the predictions made on Thursday and Friday this week, gas consumption will peak, which shows the need for consumption management."