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Iran’s Oil Lifeline Faces ‘Biggest Test Yet’ as China Steps Back
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Iran’s Oil Lifeline Faces ‘Biggest Test Yet’ as China Steps Back

Bloomberg Markets · Jun 12, 2026, 4:21 AM · Also reported by 1 other source

Iranian oil shipments to China, a resilient trade that’s survived years of US sanctions to provide a crucial economic lifeline to Tehran, is coming under huge strain from waning demand and an American blockade.

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