Following US sanctions on an import terminal in eastern China, trading firms have redirected at least five crude oil tankers from a major port in the region, according to a Reuters report. US sanctions have forced refiners to alter plans for unloading cargo at Lanshan port in Shandong province, leading to diversions. This has caused, and may continue to cause, congestion at alternative ports, especially Zhoushan, off the coast of Zhejiang province, where several ships have been redirected, according to market traders. The US recently sanctioned the Rizhao Shihua Crude Oil Terminal in Lanshan for accepting Iranian oil from sanctioned vessels. This...
Friday 17 October 2025
wn.com - 2 days ago
US sanctions ripple through China’s ports: tankers rerouted, congestion mounts
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