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Abundant, cheap Iranian oil supply to cap Russian prices in China: sources
Aggregated Source: ChinaLegalBlog.com

Open this photo in gallery: A crude oil tanker at a terminal off Waidiao island in Zhoushan, Zhejiang province, China.CHINA DAILY/Reuters

Rising prices of a popular Russian crude sold to China are poised to peak soon as more independent refiners are likely to switch to cheaper oil from Iran which has ramped up exports to fresh 4-1/2 year highs in August, several trade sources said.…

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