Iran’s as soon as regular enterprise of promoting giant portions of oil to China’s unbiased refineries could quickly change into the newest casualty of Russia’s invasion of Ukraine.
For years, China offered Iran a significant money circulation by supplying the Chinese language with as a lot as 7% of their complete oil imports. A lot of that oil was laundered via transshipments through Oman, the UAE, and Malaysia amongst different international locations, circumventing U.S. sanctions.
- Get a each day e mail full of the newest
China-Africa information and evaluation.
- Learn unique insights on the important thing tendencies
shaping China-Africa relations.
- Full entry to the Information Feed that gives each day updates on Chinese language engagement in Africa and all through the International South.