Official Chinese data showed this week that China imported 120,000 barrels per day (bpd) of oil from Iran in July as Beijing returns to reporting crude imports from the Islamic Republic after reporting no such imports for June. According to Chinese customs data reported by Radio Farda, China’s oil imports from Iran averaged 77,000 bpd between January and July this year, nine times lower than the figures China had reported before the U.S. re-imposed sanctions on Iran’s oil industry and exports. In reality, various reports, media investigations,…
