
Trump Administration Temporarily Lifts Sanctions on Iranian Oil Stranded at Sea
Summary
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“3 Chinese ships exit Strait of Hormuz as PetroChina stresses operations stable PetroChina chairman addresses annual results conference as three Chinese vessels transit Strait of Hormuz and Iran passes law on transit fees However, the company’s investment operations in the Middle East had been “impacted to varying degrees”, as crude oil and natural gas imported through the strait accounted for about 10 per cent of its total operating volume, PetroChina chairman Dai Houliang said at its annual results conference in Hong Kong on Monday”
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