US Navy’s blockade of Iran hits China’s cheap oil deals: Report

New Delhi: The US Navy’s blockade of Iran has built economic pressure on Tehran that continues even though the ceasefire has led to a temporary pause in fighting, according to a new report. Impact on China-Iran Oil Trade Network The blockade has also hit China’s purchases of Iran’s oil, at discounted prices, deals for which … Continue reading US Navy’s blockade of Iran hits China’s cheap oil deals: Report