Key Takeaway: Iranian-backed Iraqi Shia actors failed to mount a coordinated military and political campaign …
Read More »The axis of evasion: Behind China’s oil trade with Iran and Russia
Oil revenue is a lifeline for the Iranian and Russian economies, but Western sanctions have jeopardized both countries’ ability to ship oil and receive payments. In response, Iran and Russia have redirected oil shipments to China—the world’s largest importer of crude oil. In 2023, China saved a reported ten billion …
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