China Iran Relations: Relations between Iran and China are getting stronger, know what will be the effect on India
…However, this business transaction does not include the purchase of oil. Actually, due to economic sanctions on Iran, China is not buying Iranian oil directly. America wants Iran’s total oil exports to be zero. But China is buying Iranian oil through Malaysia and United Arab Emirates by rebranding it as China. According to the United Against Nuclear Iran website, since Joe Biden became the US President, China has bought about $47 billion of oil from Iran till January 2023.
Receive Iran News in Your Inbox.
Eye on Iran is a news summary from United Against Nuclear Iran (UANI), a section 501(c)(3) organization. Eye on Iran is available to subscribers on a daily basis or weekly basis.