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US crude nearly hit $88 a barrel on April 12 as investors braced for Iran’s retaliation against Israel for a suspected strike on an Iranian diplomatic complex in Syria.
China, Iran and Russia have begun a joint naval drill in the Gulf of Oman, a crucial waterway near the mouth of the Persian Gulf, officials said Tuesday. Footage aired by Chinese state television ...
Likewise, China has publicly released statements and made stances during international debates blaming NATO interference in Ukraine for starting the war. In addition, Russia, Iran, and China used their state media and social media to support Hamas, to justify actions taken by them, and to criticize Israel and the US following the October 2023 ...
The Islamic Republic of Iran Navy seizes control of the Marshall Islands-flagged and Greek-operated civilian oil tanker St Nikolas in the Gulf of Oman. The tanker had 19 crew members onboard, including 18 Filipinos and one Greek. It was carrying crude oil from Basra, Iraq, to Turkey. Business and economy
The Iran–China 25-year Cooperation Program or Comprehensive Strategic Partnership between I.R. Iran, P.R. China [2] is a 25-year cooperation agreement on the further development of Iran–China relations signed in Tehran by the Chinese and Iranian foreign ministers on 27 March 2021; the final details of the agreement have yet to be officially announced.
Israel vowed to respond to Iran’s unprecedented weekend attack, leaving the region bracing for further escalation after months of fighting in Gaza.Commercial planes diverted from their routes over western Iran early Friday without explanation, while one semi-official Iranian news agency reported “explosions” being heard over the city of Isfahan, though without giving any reason for the ...
Oil prices climbed higher Friday helped by doubts about supply levels, but are still on course for substantial weekly losses on concerns over China's COVID-19 curbs and weakness in the global economy.
During the Cold War, there were unofficial trade relations between Iran and China that have steadily increased over time. Trade reached $1.627 billion in the 1980s and $15 billion in 2007. In 2001, the volume of trade between Iran and China stood at roughly $3.3 billion, [69] and in 2005, the volume of China-Iranian trade hit $9.2 billion. [70]