KM Financial Solutions | China’s crude oil futures boom amid looming Iran sanctions
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China’s crude oil futures boom amid looming Iran sanctions

China’s crude oil futures boom amid looming Iran sanctions

SINGAPORE/BEIJING, May 14 (Reuters) – A U.S. decision to
reimpose sanctions on Iran is supporting China’s newly
established crude oil futures, and may spur efforts to start
trading oil in yuan rather than dollars, traders and analysts
said.

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