News Snapshot:
China is using a hidden funding conduit to pay Iran for oil, employing a barterlike mechanism that swaps Iranian crude for Chinese-constructed infrastructure, bypassing U.S. sanctions, The Wall Street Journal reported. China is the top buyer of Iranian oil. According to some of the officials cited by the Journal, up to $8.4 billion in oil payments flowed through the system in 2024 to finance Chinese work on Iranian infrastructure projects. Two Chinese entities are central to the arrangement: state-owned insurer Sinosure and a mysterious financial intermediary called Chuxin. The report said Iranian oil is sold to a Chinese buyer tied...
News Timeline:
Track the development of related news across the Internet.
July 5, 2025
12:22
Iran oil industry booms as sanctions lose bite: Energy output, export at record high
Source: firstpost.com
June 26, 2025
04:34
Trump Signals Potential Shift in Iran Oil Sanctions Amid China Talks
Source: devdiscourse.com
June 17, 2025
20:26
The Iranian and Israeli oil and gas facilities impacted by conflict so far
Source: theglobeandmail.com
May 2, 2025
06:39
Trump threatens to slap sanctions, cut off business with countries that buy Iranian oil
Source: nypost.com
April 11, 2025
02:27
Sanctions on Iran’s Oil Network to Further Impose Maximum Pressure on Iran
Source:
April 1, 2025
23:05
To ramp up pressure on Tehran, US sanctions entities and individuals in Iran, China and UAE
Source: firstpost.com
January 1, 2025
11:39
Russian and Iranian groups face new U.S. sanctions over disinformation targeting American voters
Source: cbsnews.com
January 1, 2025
09:30
US Sanctions Russian, Iranian Groups Over Disinformation Targeting American Voters
Source: news18.com
January 1, 2025
09:25
US Treasury sanctions Russian and Iranian groups accused of spreading disinformation targeting American voters
Source: firstpost.com
December 4, 2024
08:28
US imposes sanctions on 35 entities, vessels for transporting Iranian oils
Source: deccanchronicle.com