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Bloomberg
Bloomberg
US · 1 hrs ago
Iran’s Oil Lifeline Faces ‘Biggest Test Yet’ as China Steps Back
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Iran’s Oil Lifeline Faces ‘Biggest Test Yet’ as China Steps Back
Iranian oil shipments to China, a resilient trade that’s survived years of US sanctions to provide a crucial economic lifeline to Tehran, is coming under huge strain from waning demand and an American blockade.
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