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Backdoor Deals: China, Iran, Russia and India

January 21, 2012

China’s Oil Imports from Iran Jump 30%
Iran-Russia trade in domestic currencies -Iran envoy
India, Iran to settle some oil trade in rupees-source

 

China Hedges Mideast Oil Bets Amid Iran Tensions

“The last thing that China wants is the United States controlling or having influence over all of the countries that produce oil in that part of the world. And so it is in that sense that I believe Iran is important for China,” he says.”

Read More: NPR

 

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