China's Iranian crude oil imports collapse under US naval blockade. Iranian oil has long entered China disguised as Malaysian, Indonesian, Iraqi and Omani crude oil using fake shipping documents. China reported that imports from Malaysia had fallen from 1.3 million bps in 2025 to just 276,000 bps in September 2026. Iranian oil imports fell to ~590,000 bpd in September, nearly 50% below a year earlier. Iran reportedly exported no crude oil in September, while its remaining offshore oil reserves are now depleted. China has officially reported zero crude oil imports from Iran since 2020.

China's Iranian crude oil imports collapse under US naval blockade. Iranian oil has long entered China disguised as Malaysian, Indonesian, Iraqi and Omani crude oil using fake shipping documents. China reported that imports from Malaysia had fallen from 1.3 million bps in 2025 to just 276,000 bps in September 2026. Iranian oil imports fell to ~590,000 bpd in September, nearly 50% below a year earlier. Iran reportedly exported no crude oil in September, while its remaining offshore oil reserves are now depleted. China has officially reported zero crude oil imports from Iran since 2020.