China’s crude imports from Iran are likely to have peaked in August at 874,000 barrels per day ahead of the looming re imposition of US sanctions in November, according to S&P Global Platts’ trade tracker c Flow. The last record high was in April 2014, at 803,000 bpd, data from China’s General Administration Customs showed. The imports in August included barrels directly shipped to China and a very large crude carrier cargo that offloaded in Myanmar and was reportedly sent via the China-Myanmar pipeline to a refinery in southwest China. The arrivals last month took inflows from Iran over January-August to 304.05 million barrels, 32.2% higher than total Iranian crude imports of 229.99 million barrels in 2017, c Flow data showed. “It is unlikely the inflows will rise further in the rest of the year and the record [volume imported] in August was probably because of Chinese buyers’ intention to take as many Iranian barrels as possible ahead of the re imposition of US sanctions in November,” a Hong Kong-based analyst said.