U.S. Blockade of Iran to Threaten China's Oil Supply -- WSJ

Dow Jones04-13 16:42

By Georgi Kantchev

The looming U.S. blockade of maritime traffic entering and exiting Iranian ports would have the biggest impact on the main buyer of Iranian oil: China.

Before the war, almost all Iranian oil went to China, where it accounted for approximately 13% of China's seaborne oil imports. Tehran has been selling its oil primarily to independent Chinese refiners known as "teapots." Lacking international exposure, they usually ignore U.S. sanctions, scooping up discounted Iranian crude to remain competitive domestically.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

April 13, 2026 04:42 ET (08:42 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2627337514?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-04-13 16:42","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2627337514","market":"fut","top_or_hot":-1,"title":"U.S. Blockade of Iran to Threaten China's Oil Supply -- WSJ","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n       By Georgi Kantchev \n</p>\n<p>\n     The looming U.S. blockade of maritime traffic entering and exiting Iranian ports would have the biggest impact on the main buyer of Iranian oil: China. \n</p>\n<p>\n     Before the war, almost all Iranian oil went to China, where it accounted for approximately 13% of China's seaborne oil imports. Tehran has been selling its oil primarily to independent Chinese refiners known as \"teapots.\" Lacking international exposure, they usually ignore U.S. sanctions, scooping up discounted Iranian crude to remain competitive domestically. \n</p>\n<p>\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 13, 2026 04:42 ET (08:42 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Blockade of Iran to Threaten China's Oil Supply -- WSJ</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Blockade of Iran to Threaten China's Oil Supply -- WSJ\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-04-13 16:42</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n       By Georgi Kantchev \n</p>\n<p>\n     The looming U.S. blockade of maritime traffic entering and exiting Iranian ports would have the biggest impact on the main buyer of Iranian oil: China. \n</p>\n<p>\n     Before the war, almost all Iranian oil went to China, where it accounted for approximately 13% of China's seaborne oil imports. Tehran has been selling its oil primarily to independent Chinese refiners known as \"teapots.\" Lacking international exposure, they usually ignore U.S. sanctions, scooping up discounted Iranian crude to remain competitive domestically. \n</p>\n<p>\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 13, 2026 04:42 ET (08:42 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XLE","symbol_name":"SPDR能源指数ETF","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2627337514","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2627337514","pubTimestamp":1776069720,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"The looming U.S. blockade of maritime traffic entering and exiting Iranian ports would have the biggest impact on the main buyer of Iranian oil: China.Before the war, almost all Iranian oil went to China, where it accounted for approximately 13% of China's seaborne oil imports. Tehran has been selling its oil primarily to independent Chinese refiners known as \"teapots.\" Lacking international exposure, they usually ignore U.S. sanctions, scooping up discounted Iranian crude to remain competitive domestically.This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL .","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"XLE":"SPDR能源指数ETF","UGA":"United States Gasoline Fund LP","OILK":"ProShares K-1 Free Crude Oil ETF","DUG":"二倍做空石油与天然气ETF(ProShares)","OILT":"Texas Oil Index ETF","BK4570":"地缘局势概念股","USL":"United States 12 Month Oil Fund LP","USOI":"ETRACS Crude Oil Shares Covered Call ETN","UCO":"二倍做多彭博原油ETF","USE":"USCF Energy Commodity Strategy Absolute Return Fund","XOP":"油气开采指数ETF-SPDR S&P","OILU":"MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN","SCO":"二倍做空彭博原油指数ETF","BK4585":"ETF&股票定投概念","GUSH":"Direxion Daily S&P Oil &Gas Exp. & Prod. Bull 2X Shares","USO":"美国原油ETF","DIG":"二倍做多美国油气指数","BWET":"BREAKWAVE TANKER SHIPPING ETF","DBO":"原油ETF-PowerShares","IEO":"iShares Dow Jones U.S. Oil & Gas","BNO":"美国布伦特原油基金有限合伙企业","DBC":"商品指数ETF-PowerShares DB","IXC":"全球能源业ETF-iShares","DBE":"能源商品ETF-PowerShares","DRIP":"Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares","BK4588":"碎股","OIH":"石油服务ETF","PXJ":"Invesco Oil & Gas Services ETF","ERX":"二倍做多能源ETF-Direxion","VDE":"Vanguard Energy ETF","DRLL":"Strive U.S. Energy ETF"},"translate_title":"美国封锁伊朗威胁中国石油供应——华尔街日报","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/f4d94259d21c6ed2284a83842882affd","symbols_score_info":{"ERX":0.77,"BNO":0.77,"DBC":0.77,"XLE":0.77,"BWET":0.77,"DBO":0.77,"USL":0.77,"DRIP":0.77,"SCO":0.6,"IXC":0.77,"OIH":0.77,"DIG":0.77,"USO":0.77,"USOI":0.77,"GUSH":0.77,"UGA":0.77,"DBE":0.77,"UCO":0.6,"USE":0.77,"IEO":0.77,"PXJ":0.77,"DRLL":0.77,"VDE":0.77,"XOP":0.77,"OILK":0.77,"OILU":0.77,"DUG":0.77,"OILT":0.77},"content_text":"By Georgi Kantchev \n\n\n     The looming U.S. blockade of maritime traffic entering and exiting Iranian ports would have the biggest impact on the main buyer of Iranian oil: China. \n\n\n     Before the war, almost all Iranian oil went to China, where it accounted for approximately 13% of China's seaborne oil imports. Tehran has been selling its oil primarily to independent Chinese refiners known as \"teapots.\" Lacking international exposure, they usually ignore U.S. sanctions, scooping up discounted Iranian crude to remain competitive domestically. \n\n\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n\n\n  (END) Dow Jones Newswires\n\n\n  April 13, 2026 04:42 ET (08:42 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.40.0","shortVersion":"4.40.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2627337514","isCrawlerRequest":true}