China Seeks an Advantage With Both Trump and Iran as War Evolves
With President Trump’s visit to Beijing looming, China is pushing Iran to negotiate even as its companies export material that could be used by Iran’s military.
With President Trump’s visit to Beijing looming, China is pushing Iran to negotiate even as its companies export material that could be used by Iran’s military.
The kingdom is pulling back from a costly and high-profile golf venture amid mounting financial concerns, raising questions about its plans.
The measures aim to crack down on Iran’s shadow banking system and Chinese purchases of Iranian oil.
The Gulf government has long complained about the group’s quotas, which officials believe unfairly limited its exports. Its departure is expected to weaken OPEC’s influence.
Even the largest global supplier of liquefied natural gas can’t make up for the shortfall since the war in Iran cut off an important source.
The war in Iran has disrupted supplies of diesel, used to power trucks and heavy equipment, much more than gasoline, which is primarily used in passenger cars.
The energy industry is planning for a future where the choke point on Iran’s southern coast is a lot less important.
The vice president is again center stage, after abruptly leaving the first round of high-level Iranian peace talks without an agreement.
The gas-rich Gulf nation is in a state of “strategic shock” after the war dealt a serious blow to its economy, sending ripples around the world.
Iran’s government could emerge from the conflict with a blueprint to keep adversaries at bay, regardless of any restrictions on its nuclear program.