China and Iran Seal Oil-for-Infrastructure Deal to Bypass U.S. Sanctions

Politics, Geopolitics & Conflict China has formalized a barter-style framework with Iran in which crude oil is exchanged for infrastructure projects (from rail lines and ports to industrial works) rather than cash. The volumes involved are substantial: Beijing already imports an estimated 1.4 to 1.6 million barrels per day of Iranian crude, much of it under disguised labels. The new structure secures long-term supply while insulating both sides from dollar clearing and direct sanctions exposure. This arrangement does not fall outside U.S. sanctions…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com