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Bloomberg

Chinese Refiners Snap Up Iraqi Oil as More Supplies Exit Hormuz

Thursday, August 20, 2026


Chinese refiners purchased Iraqi crude oil as petroleum exports from the Persian Gulf increased. Iraq is among the suppliers shipping oil through the region despite shipping disruptions.

Original reporting: https://www.bloomberg.com/news/articles/2026-08-20/chinese-refiners-snap-up-iraqi-oil-as-more-supplies-exit-hormuz

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