Season 1 · Episode 8349
Lifting US sanctions on Iran could crush China’s 'teapot' oil refineries
Lifting US sanctions on Iran could crush China’s 'teapot' oil refineries...
Daily SumUp · Daily SumUp
May 22, 20251m 51s
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Show Notes
Under a draft of the 25-year agreement (signed on 24 June 2020 in Beijing) previously obtained by The New York Times, China is to invest US$400 billion in Iran's economy over that time period in exchange for a steady and heavily-discounted supply of oil from Iran.
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