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economicAug 21, 2026

US blockade cuts Iran oil exports, squeezing Chinese crude buyers | The Jerusalem Post

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US blockade cuts Iran oil exports, squeezing Chinese crude buyers | The Jerusalem Post

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  • currentsapi(Mixed)

    Offers of Iranian crude to Chinese buyers have declined and prices have jumped this week as the US blockade has cut Tehran's shipments, according to trade sources, with the threat of more sanctions from Washington looming. The US re-imposed its blockade of Iran's shipping and por

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