January 13, 2020

US, Chinese officials in talks on halting imports of Iranian crude

Featuring: Elizabeth Rosenberg

Source: S&P Global

Journalist: Brian Scheid

US officials are working behind the scenes to get Chinese independent refiners to stop importing roughly 200,000 b/d of crude oil and condensate from Iran, in violation of US sanctions, according to analysts and Trump administration officials.

"Just because we haven't seen sanctions rain down on shippers and importers and the independent refiners moving that last 200,000 b/d yet, doesn't mean it's not coming," said Elizabeth Rosenberg, director of the energy program at the Center for a New American Security and a former senior sanctions adviser at the US Department of the Treasury. "I fully expect sanctions on the last remaining Iran oil imports in China to be coming, but it could be a matter of time."

Read the full story and more in S&P Global Platts.

Author

  • Elizabeth Rosenberg

    Former Senior Fellow and Director, Energy, Economics and Security Program

    Elizabeth Rosenberg is a former Senior Fellow and Director of the Energy, Economics, and Security Program at the Center for a New American Security. In this capacity, she publ...