Iran is pushing to recoup 25 million barrels of oil from China that has been stuck for six years in Chinese ports due to sanctions imposed by then-U.S. President Donald Trump, three Iranian and one Chinese source familiar with the matter said.
As the threat of "snapback" sanctions looms over Iran, Tehran is seeking to leverage its strategic relationship with China to counter Western pressure.
On Chinese social media, some want Iran to go nuclear – but others think it should learn from China’s “reform and opening.”
China’s fuel demand may peak sooner than expected, which will reduce profit margins and force the closure of older, smaller, and less efficient oil refineries. As a result, up to 10% of China’s oil refining capacity could be shut down within the next decade,
During the Senate confirmation hearings, Bessent called China an 'unbalanced economy,' and described the nation as being in a 'severe recession'
Biden National Security Advisor Jake Sullivan claimed that the United States is in a "stronger, more secure position" than four years ago under President Trump.
As C.I.A. director, William J. Burns was deeply focused on China and Russia when the Middle East conflict plunged him back into his old life.
Russia is poised to sign a “comprehensive strategy partnership” with Iran in a further strengthening of an authoritarian axis of evil.
Up to 10% of China's oil refining capacity faces closure in the next ten years as an earlier-than-expected peak in Chinese fuel demand crushes margins and Beijing's drive to wring out inefficiency begins to squeeze older and smaller plants.
Russian President Vladimir Putin and his Iranian counterpart Masoud Pezeshkian deepened military ties between their countries on Friday by signing a 20-year strategic partnership that is likely to worry the West.
Russian President Vladimir Putin and Iranian President Masoud Pezeshkian signed a broad cooperation agreement, deepening their already growing partnership.