🚨JUST IN: Iran continues shipping oil to China through Hormuz
⚡ Iran is still moving millions of barrels of crude oil to China through the Strait of Hormuz, despite the ongoing regional conflict.$XRP
• Since the war began, at least ~11.7 million barrels of Iranian crude have reportedly transited the waterway all destined for China.
• Tanker tracking data shows some vessels turning off transponders (“going dark”) to avoid detection while crossing the strait. 
🛢️ Geopolitical dynamics behind the flows:
• China is the largest buyer of Iranian oil, importing large volumes of discounted sanctioned crude. $SOL
• Much of the supply goes to China’s independent “teapot” refineries, which rely heavily on cheaper Iranian barrels. 
📊 Meanwhile, shipping activity in the strait remains severely reduced:
• Traffic has dropped sharply, with only a handful of ships passing daily due to security risks. $PEPE
🔥 Result: Even as the conflict disrupts global shipping, Iran-China oil flows are continuing — keeping one of the world’s most critical energy corridors partially active.
