China's Oil Imports From Iran Hit Record High

China hiked its imports of crude oil from Iran in June, as Iran accelerated loadings in May and independent Chinese refiners bought more discounted Iranian barrels.  Amid overall high imports in recent weeks, thanks to the lower oil prices in April and May when cargoes were bought, China significantly boosted its imports of crude from Iran this month, according to data from tanker-tracking firms cited by Reuters. Vortexa put the Chinese oil imports from Iran at a record high of 1.8 million barrels per day (bpd) in the period June 1 to June…