Iranian crude available to Chinese buyers has ๐ง๐๐๐ซ๐ฅ๐ฒ ๐๐ซ๐ข๐๐ ๐ฎ๐ฉ ๐ข๏ธ
Chinese refiners may need to replace roughly ๐.๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐๐ซ๐ซ๐๐ฅ๐ฌ ๐ฉ๐๐ซ ๐๐๐ฒ by Q4.
Iran is threatening a devastating response while the US is already authorizing cheaper winter-grade gasoline to hold domestic prices.
