Article
Why China Might Have Pressed Iran To Compromise With The US
Why China Might Have Pressed Iran To Compromise With The US
Authored by Andrew Korybko,
The sequence that Trump threatened if no deal was reached before the expiry of his deadline would have cut China off from half of the oil that it imported by sea last year and likely set Afro-Eurasia aflame in resource wars for the indefinite future that would have derailed China’s superpower rise.
Three unnamed Iranian officials reportedly told the New York Times (NYT) that China pressed their country to compromise with the US by agreeing to a two-week ceasefire and...
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Image via Prensa Libre
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Beijing is reversing its curbs on refined fuel exports after halting shipments in the opening days of the U.S.-Iran conflict. This move suggests that Chinese domestic inventories are now at comfortable levels, allowing state refiners to reopen the export spigot, even as much of Asia remains gripped by a fuel shock caused by disrupted Gulf energy flows through the Hormuz chokepoint.
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