China's Role in Iran's Oil Trade
Latest Tanzania economy news · China's Role in Iran's Oil Trade explained · 2025 updates · updated Aug 20, 2026 · economy news · GDP · investment
TLDR
- In 2025, China purchased over 80% of Iran's oil that was transported by sea according to market analysis firm Kpler.
- This significant trade relationship highlights China's crucial role in Iran's oil exports.
- The data indicates a strong reliance of Iran on Chinese markets for its oil sales.