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Referring to China's commercial dependence on the US, Myad Maleki, former head of the US Treasury Department's sanctions targeting office, said Beijing would reduce oil purchases from the Islamic Republic if pressure from Washington increased. He also emphasized that a ban on intermediary networks for the transfer of oil increases the cost of circumventing the sanctions and makes it difficult and expensive to transfer oil shipments to buyers.

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Iran International (FA) · · Source

🇺🇸 USA · Map

Referring to China's commercial dependence on the US, Myad Maleki, former head of the US Treasury Department's sanctions targeting office, said Beijing would reduce oil purchases from the Islamic Republic if pressure from Washington increased. He also emphasized that a ban on intermediary networks for the transfer of oil increases the cost of circumventing the sanctions and makes it difficult and expensive to transfer oil shipments to buyers.

Referring to China's commercial dependence on the US, Myad Maleki, former head of the US Treasury Department's sanctions targeting office, said Beijing would reduce oil purchases from the Islamic Republic if pressure from Washington increased. He also emphasized that a ban on intermediary networks for the transfer of oil increases the cost of circumventing the sanctions and makes it difficult and expensive to transfer oil shipments to buyers.

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