• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 4 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 4 days Does Toyota Know Something That We Don’t?
  • 4 days World could get rid of Putin and Russia but nobody is bold enough
  • 8 hours America should go after China but it should be done in a wise way.
  • 6 days China is using Chinese Names of Cities on their Border with Russia.
  • 7 days Russian Officials Voice Concerns About Chinese-Funded Rail Line
  • 7 days OPINION: Putin’s Genocidal Myth A scholarly treatise on the thousands of years of Ukrainian history. RCW
  • 7 days CHINA Economy IMPLODING - Fastest Price Fall in 14 Years & Stock Market Crashes to 5 Year Low
  • 6 days CHINA Economy Disaster - Employee Shortages, Retirement Age, Birth Rate & Ageing Population
  • 7 days Putin and Xi Bet on the Global South
  • 7 days "(Another) Putin Critic 'Falls' Out Of Window, Dies"
  • 8 days United States LNG Exports Reach Third Place
  • 8 days Biden's $2 trillion Plan for Insfrastructure and Jobs
Pakistan Considers Iran Gas Pipeline Restart Despite U.S. Sanctions

Pakistan Considers Iran Gas Pipeline Restart Despite U.S. Sanctions

Pakistan is contemplating restarting the…

ADNOC CEO: Global Energy Demand Growth Is Unsustainable

ADNOC CEO: Global Energy Demand Growth Is Unsustainable

According to ADNOC CEO Al-Jaber,…

Iran’s Relations with China Allow Bypassing UN Sanctions

China’s deepening relationship with Iran has significant international repercussions.

The two countries’ diplomats have recently signed a number of agreements on increasing trade turnover and investments, which include expanding Iranian supplies of oil and raw minerals to China. Praising the relationship, Iranian President Mahmud Ahmadinezhad stated that bilateral trade between the two states could soon reach an annual level of $100 billion.

The intensification of bilateral Russian-Chinese ties and its possible detrimental effect on the Russian Federation’s relations with both countries has been noted by Russian analysts, Nezavisimaia Gazeta reported.

Ruslan Pukhov, director of the Center for Analysis of Strategies and Technologies, observed, “China now occupies the place in the world that was allocated to the USSR in the times of the Cold War. And in the sphere of arms exports to countries like Iran, it occupies the niche that until recently belonged to Russia. We showed ourselves to be (to Iran) an unreliable arms supplier. And this gave great trump cards to China. China is going to occupy those niches that were ours, in the first place the Iranian one. The Chinese can offer the Iranians their military technologies and credits to build infrastructure facilities, and political support in the UN Security Council.”

By. Charles Kennedy, Deputy Editor OilPrice.com



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News