Beijing Finds New Workarounds for Iranian Oil

OilPrice.com

Yet over the past two months, China’s reported purchases from Malaysia dropped by more than 30%, while inflows from Indonesia surged. “This is just part of a continuing evolution of the operators’ tactics, hiding what they’re doing,” said Charlie Brown, a senior adviser at United Against Nuclear Iran, a U.S.-based advocacy group. “They’re still doing ship-to-ship transfers in the same area off Malaysia; the basic trade pattern remains the same.”