https://www.live-feeds.com/feed/iranian-oil-offers-to-chinese-buyers-fall-as-us-blockade-bites-sources-sayContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/iranian-oil-offers-to-chinese-buyers-fall-as-us-blockade-bites-sources-sayhttps://www.live-feeds.com/feed/iranian-oil-offers-to-chinese-buyers-fall-as-us-blockade-bites-sources-say#u46812Sun, 23 Aug 2026 10:15:38 +0000Iranian oil offers to Chinese buyers have fallen significantly due to the US blockade. Sales have collapsed amid increased US pressure. Chinese refiners are reducing their purchases of Iranian oil. The decline in sales is attributed to the US sanctions on Iran.Why it mattersThe US has imposed a blockade on Iranian oil exports, leading to a significant decline in sales to China. Iran is one of the world's largest oil producers, and the US sanctions are aimed at curbing its nuclear program. The decline in Iranian oil sales has implications for global oil markets and the economies of both Ir