Asian refiners rush to buy Argentine crude as Iran war disrupts supply

智通财经2026/08/31 15:06

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With the Iran war disrupting oil supplies in the Middle East and prompting refineries worldwide to compete for crude oil from other regions, Asian refineries have increased their purchases of Argentine crude oil. According to sources, refineries in countries including Japan and South Korea have bought Argentina's Medanito crude oil in recent weeks, with at least one shipment completed earlier this month. Compared to other oil-producing nations, the amount of Argentine crude oil flowing into Asia remains negligible, but this interest highlights refineries' efforts to diversify supply sources and strengthen energy security.

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