China's Iran oil imports to rebound in December as buyers use U.S....

China's Iran oil imports to rebound in December as buyers use U.S....

BEIJING/SINGAPORE (Reuters) - China’s Iranian oil imports are set to rebound in December after two state-owned refiners in the world’s largest oil importer began using the nation’s waiver from U.S. sanctions on Iran, according to industry sources and data on Refinitiv Eikon. Reuters reported in November that China’s waiver on U.S. sanctions allows it to buy 360,000 barrels per day (bpd) of oil for 180 days.

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