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trade-dependencies

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China Directs Companies to Disregard U.S. Sanctions on Iranian Oilthehindu.com
politics2 days agoDeveloping

China Directs Companies to Disregard U.S. Sanctions on Iranian Oil

China has instructed its companies to ignore U.S. sanctions related to Iranian oil purchases. This directive comes days before an upcoming summit between Chinese and U.S. leaders. A former CIA analyst stated that dependence on U.S. markets has shifted in China's favor.

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