In humiliation for US, Iran sending oil to China through Hormuz

In what appears to be a significant setback for the White House’s pressure campaign against Tehran, Iran has continued exporting large volumes of crude oil to China through the Strait of Hormuz despite the US-Israeli attack and repeated warnings that the vital waterway could become unusable.  Tanker tracking data shows Iran shipped between 13.7 million and 16.5 million barrels of crude from 28 February to 11 March, equal to roughly 1.1 million to 1.5 million barrels per day. That is below Iran’s pre-war February surge, but still close to last year’s average. The figures are striking because the broader Strait of Hormuz has been thrown into chaos since the war began on 28 February. Non-Iranian vessel movements through the passage […]