Iran Said in Talks to Sell Crude to Trafigura for China Teapots

Updated on
  • NIOC in discussions to sell more Iranian Heavy to oil trader
  • Supplies could be resold to Chinese independent refiners

Iran Opens Its Oil Sector

Iran’s state-run oil company is said to be in talks to sell more crude to oil trader Trafigura Group, including via a potential long-term deal, in a strategy that may help it break into the market to supply China’s independent refiners.

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