BUSINESSJul 23 · 15:16 UTCKYIV POSTKyiv Post

Chinese Refineries Turn to Russian, Iranian Crude Due to Choked Supplies

Private Chinese refiners are purchasing crude from Russia’s Far East and resuming talks with Iran due to supply uncertainty caused by renewed Middle East fighting. Despite Kyiv’s drone strikes on Russia’s oil infrastructure, Russia’s fossil fuel exports remained profitable in May.

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Chinese refinersorganizationRussia’s Far EastplaceIranplaceMiddle EastplaceKyivplaceRussia’s oil infrastructuretopicfossil fuel exportstopic

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