Tehran, March 12 -- Iran is continuing to export large volumes of crude oil despite the escalating maritime crisis around the Strait of Hormuz, with most shipments still heading to China, according to tanker-tracking data.
Figures from Kpler show that Iran loaded about 1.5 million barrels of crude per day in March, while China imported roughly 1.25 million barrels daily, suggesting that Tehran's key oil lifeline has remained largely intact despite the conflict.
Tensions in the Persian Gulf have intensified since the war began on February 28, turning the vital maritime route - the Strait of Hormuz, which controls over 20 per cent of global oil and LNG transit - into one of the world's most volatile shipping corridors.
So far, an estimated...