https://en.sputniknews.africa/20250112/iran-reportedly-ships-nearly-three-million-barrels-of-oil-from-storage-in-china-to-help-allies-1070139106.html
Iran Reportedly Ships Nearly Three Million Barrels of Oil From Storage in China to Help Allies
Iran Reportedly Ships Nearly Three Million Barrels of Oil From Storage in China to Help Allies
Sputnik Africa
MOSCOW (Sputnik) - Iran has shipped nearly 3 million barrels of oil from storage in China to raise money to help Tehran-allied forces in the Middle East, the... 12.01.2025, Sputnik Africa
2025-01-12T08:46+0100
2025-01-12T08:46+0100
2025-01-12T08:46+0100
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According to the newspaper's sources, the oil was taken from a stockpile of at least 25 million barrels that Iran had sent to China in late 2018 when it feared that new sanctions by the first administration of Donald Trump would prevent the country from exporting oil. China approved Iran's oil exports after talks with Iranian officials in late November and December 2024, sources told the newspaper. US sanctions against Iran suggest that the White House could impose restrictions on any countries that buy oil from it. In addition, in October 2024, the US Treasury Department issued an order imposing sanctions on all individuals working in the oil and petrochemical sectors of the Iranian economy.
https://en.sputniknews.africa/20250110/china-pledges-140-million-in-military-aid-to-africa-media-reports-1070114382.html
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iran, china, middle east, donald trump, international, asia, sanctions, united states (us), north america, oil
Iran Reportedly Ships Nearly Three Million Barrels of Oil From Storage in China to Help Allies
MOSCOW (Sputnik) - Iran has shipped nearly 3 million barrels of oil from storage in China to raise money to help Tehran-allied forces in the Middle East, the Wall Street Journal reported, citing sources.
According to the newspaper's sources, the oil was taken from a stockpile of at least 25 million barrels that Iran had sent to
China in late 2018 when it feared that new sanctions by the first administration of Donald Trump would prevent the country from exporting oil.
China approved Iran's oil exports after talks with Iranian officials in late November and December 2024, sources told the newspaper.
US
sanctions against Iran suggest that the White House could impose restrictions on any countries that buy oil from it. In addition, in October 2024, the US Treasury Department issued an order imposing sanctions on all individuals working in the oil and petrochemical sectors of the Iranian economy.