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  1. Refiners in Shandong are facing severe margin squeezes due to global oil market instability and sanctions.

Independent refineries based in Shandong are actively seeking discounted cargoes of Iranian oil, influenced by ongoing U.S. sanctions talks.

1 report, 1 independent Updated Jul 6
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What happened

Some supportReported by 1 outlet

Independent refineries based in Shandong are actively seeking discounted cargoes of Iranian oil, influenced by ongoing U.S. sanctions talks.

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What this event is mainly about

How it developed

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  1. Iran sold oil to Shandong refiners while Donald Trump threatened economic consequences against Iran.Sub-event
  2. Independent refineries seek discounted Iranian oil cargoes amid US sanctions talks.1 source

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