{"id":283525,"date":"2019-07-22T04:57:44","date_gmt":"2019-07-22T04:57:44","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=283525"},"modified":"2019-07-22T05:01:58","modified_gmt":"2019-07-22T05:01:58","slug":"oil-price-to-rise-millions-of-barrels-of-iran-oil-piled-up-in-china-ports","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-price-to-rise-millions-of-barrels-of-iran-oil-piled-up-in-china-ports\/","title":{"rendered":"Oil price to rise? Millions of barrels of Iran oil piled up in China ports"},"content":{"rendered":"<p>Tankers are offloading millions of barrels of Iranian oil into storage tanks at Chinese ports, creating a hoard of crude sitting on the doorstep of the world&#8217;s biggest buyer. <\/p>\n<p>Two and a half months after the White House banned the purchase of Iran&#8217;s oil, the nation\u2019s crude is continuing to be sent to China where it&#8217;s being put into what&#8217;s known as &#8220;bonded storage,&#8221; say people familiar with operations at several Chinese ports. This oil doesn&#8217;t cross local customs or show up in the nation&#8217;s import data and is not necessarily in breach of sanctions. And while it remains out of circulation for now, its presence is looming over the market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tankers are offloading millions of barrels of Iranian oil into storage tanks at Chinese ports, creating a hoard of crude sitting on the doorstep of the world&#8217;s biggest buyer. Two and a half months after the White House banned the purchase of Iran&#8217;s oil, the nation\u2019s crude is continuing to be sent to China where it&#8217;s being put into what&#8217;s known as &#8220;bonded storage,&#8221; say people familiar with operations at several Chinese ports. This oil doesn&#8217;t cross local customs or show up in the nation&#8217;s import data and is not necessarily in breach of sanctions. And while it remains out [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-283525","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/283525","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=283525"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/283525\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=283525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=283525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=283525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}