Iran's $6 Billion Oil Rush: How Tehran Quietly Moved 70 Million Barrels Toward China Before US Blockade Returned

Iran exported 70 million barrels of oil worth up to $6 billion to China during a brief one-month window when the US lifted its blockade. These shipments were routed through Malaysian waters via sea transfers to reach Chinese refineries. To evade US sanctions, $7.8 billion in crypto trading was utilized. This strategic move provided Tehran with a necessary financial cushion before the US blockade returned, impacting traffic in the Strait of Hormuz.